Currency pair a dot or a dash. A widely traded currency pair is the relation of the euro against the US dollar, designated as EUR/USD. The quotation "EUR/USD 1.2500" means that one euro is exchanged for 1.2500 US dollars. Here, EUR is the base currency and USD is the quote currency(counter currency). This means that 1 Euro can be exchangeable to 1.25 US Dollars. The most traded currency pairs in the world are called the "Majors". They involve the currencies euro, US dollar, Japanese yen, pound sterling, Australian dollar, Canadian dollar, and the Swiss franc. Currency quotations use the abbreviations for currencies
The World Is Curved the world's market. The dollar is still an essential commodity for the commodity, currency, and derivatives of the world. The value of the dollar, which reflects inflation, is too high compared to other Asian currencies. It is necessary to implement coordinated efforts to resolve the exchange rate gap. But if the U.S. financial system fails to restore trust or if the Federal fails to respond to inflation expectations, the debate will end and the dollar will fall into turmoil. The Asian central bank will not deliberately carry out anything that could undermine the dollar as well as the sale of