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Each currency pair is always quoted similarly. For example, the EURUSD currency pair is always as EURUSD, with the EUR being the base currency, as well as the USD being the terms currency, not the other way round with the USD to start off. Therefore if the chart of the EURUSD reveals that the current price is fluctuating around 1.2155, which means that 1 EURO will buy around a person specific.2155 US dollars.
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In fact, the spread is constant on all ...