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 standard of living, and this will cause a serious chain effect. What happens in China is affecting the world. The problem is that China is growing too big. Therefore, the problem that bubbles occur is more serious than we think. European strategists pointed out that in the 1970s, Germany experienced a strong growth rate and a higher capital inflow in the 1970s. The only way to prove that it was effective to safely land the economy at the time was a currency value. Other methods did not work. On the basis of this, European bureaucrats argued that curbing inflation is