Forex Automatic Pilot > A currency is a mean of exchange, facilitating the transfer of Merchandise and/or servicest is one form of money, where money is anything that serves as a medium of exchange, a store of value, and a fundamental of valueurrencies are the dominant medium of exchangeoins and paper money are both forms of currency currency pair depicts a quotation of two different currencies on the Forex markethe first currency in the pair is the base currency or transaction currencyhe second currency in the pair is labelled quote currency, payment currency or counter currencyuch a quotation shows how several units of the counter currency are needed to obtain one unit of the base currencyor example the quotation EUR/USD 1700 means that one euro is exchanged for 17 US dollarf the quote moves from EUR/USD 1700 to EUR/USD 1710, the euro is Getting stronger and the dollar weakern the other hand if the EUR/USD quote moves from 1700 to 1690 the euro is Getting weaker while ... [Read More : Forex Automatic Pilot]
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