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Below is an example of a EUR/USD quote. The quote example shows traders how much one euro is worth in US dollars. The first currency in a currency pair is the "base currency" and the second currency is the "counter currency" or secondary currency. When buying or selling a currency pair, the action is being performing on the base currency. For example traders bearish on euros, could sell EUR/USD. Now, when selling EUR/USD, the trader is not only selling euros but is also buying US dollars at the same time. Thus the pair trade. Let's say that you sell the EUR/USD at 1. 4022. If the EUR/USD falls, that means the euro is getting weaker and the U. S.

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