Base Currency
Definition
The first currency listed in a forex pair (e.g., EUR in EUR/USD). The pair price shows how much of the quote currency is needed to buy one unit of the base.
Example
In GBP/JPY, GBP is the base currency. Quote Currency Category: Forex Definition: The second currency in a forex pair (e.g., USD in EUR/USD). Represents the price denomination. Related Terms: Base Currenc
Frequently Asked Question
What is Base Currency in trading?
The first currency listed in a forex pair (e.g., EUR in EUR/USD). The pair price shows how much of the quote currency is needed to buy one unit of the base.
APA Citation
Last updated:
· Source: VixShield Trading Glossary — From SPX Mastery by Russell Clark
⚠️ Not financial advice. This definition is educational content from the SPX Mastery book series by Russell Clark (VixShield). Past performance is not indicative of future results. Trading options involves substantial risk of loss and is not appropriate for all investors. Always paper trade before risking real capital.