Forex trading strategies for beginners. How to trade forex for beginners? Introduction to the forex market On the Forex market , the basic financial instrument is a currency pair, which is the value of one currency (base currency) against another (quoted currency). For example, the EUR/USD pair shows how many dollars (USD) we have to spend to buy one euro (1 EUR). In this case, the euro is the base currency and the dollar is the quoted currency. The same is true for the USD/JPG pair, which shows how many Japanese yen (JPY) we have to spend to buy one dollar (1 USD).
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