EUR/USDEUR and USD currency trading
The EUR/USD is the most commonly traded currency pair in the world. The EUR/USD consists of 2 currencies which create a 'pair'. The first currency in the pair is known as the 'base' currency, and the second one as the 'counter' or 'quote' currency. EUR/USD is actually a comparison of the value of one currency in relation to the other. For example, the quotation EUR/USD 1.3500 means that one Euro is exchanged for 1.35 US dollars. If the quote moves from EUR/USD 1.3500 to EUR/USD 1.3510, the Euro is getting stronger and the Dollar weaker. In this case, you would buy if you expected that the Euro would continue to strengthen against the Dollar.
As trading occurs on currency comparison, it is easy to trade EUR/USD in any economic environment. EUR/USD trading is favoured as a way to reduce portfolio risk as it provides the ability to profit in rising and falling markets. On this page you will find information about factors which influence the price of EUR/USD including real-time quotes direct from our trading platform. Daily news and analysis is readily available with FOREXYARD to help with your investment decisions.
Trading EUR/USD online offers particular advantages, including round-the-clock trading. FOREXYARD provides 24 hour support, making it the most secure, trader friendly platform. With the significant leverage and low spreads offered by FOREXYARD, experienced and first time investors can start trading now with as little as $100.
