EUR/USD.
is EUR/USD is trading at 1.3170.
That's mean 1 Euro is worth 1.3170 USD.
EUR is base currency, USD is terms currency.
In Forex, there are Major Pairs like EUR/USD, GBP/USD, USD/JPY & USD/CHF. The stronger currency always the base. As beginner, let's start become an expert for one or two currency pairs.
When the exhangce rate rises, the base currency is stronger, eg:
The USD/CHF is at uptrend, the dollar is strengthen against the Swiss.
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