What is EURUSD ?

RAMDAS

Active Member
#1
Can anyone explain What is mean by EUR/USD ?

EURUSD is Currency or it is Intrument ?

As far as i know EUR is Currency, USD is Currency, INR is Currency.

but what is EUR/USD ? is it Currency/forex ?
 

columbus

Well-Known Member
#2
Can anyone explain What is mean by EUR/USD ?

EURUSD is Currency or it is Intrument ?

As far as i know EUR is Currency, USD is Currency, INR is Currency.

but what is EUR/USD ? is it Currency/forex ?
Currencies are traded in PAIRS.
 

desifxtrader

Well-Known Member
#3
Can anyone explain What is mean by EUR/USD ?

EURUSD is Currency or it is Intrument ?

As far as i know EUR is Currency, USD is Currency, INR is Currency.

but what is EUR/USD ? is it Currency/forex ?
Hi Ramdas,

EURUSD is exchange rate. Currencies are traded against one another. in EURUSD (or EU), Euro is the base currency and it's exchange rate with US$ is quoted as 1.3665. For more info, please visit:

h11p://www.earnforex.com/what-is-forex

h11p://www.goforex.net/forex-basics.htm

And the best place to start your education in Forex is:

h11p://www.babypips.com/school/the_skinny_on_forex.html

cheers :clapping:
 

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