Home
Glossary
E
Exchange rate (quotation)

Exchange rate (quotation)

a ratio of the price of one currency to another at a particular point in time. For example, 1 EUR can be bought for 1.3000 USD. The quotation is EUR/USD = 1.3000.

Forex

Nov 11

10 min read

What Is Pyramiding in Trading?

Pyramiding is a trading strategy where traders add to their existing profitable positions as the price continues to move in their favor. It's a way of scaling into trades by increasing position size i...

Forex

Nov 11

6 min read

The World Cup Trading Championships

Want to compete with the best traders in the world? Or do you think you're already the best? You can test yourself at the World Cup Trading Championships.

Forex

Oct 28

7 min read

Forex Prop Firm or Broker — Which Is Better?

A common debate among traders revolves around who is better to trade with — proprietary trading firms or traditional forex brokers. Each has its advantages and disadvantages, and understanding this ca...

View all market news

Exchange rate (quotation)

Related Terms

Related Articles