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Topic
Forex
8 guides in Finabase Learn
- Currency Pair Two currencies quoted against each other, such as EUR/USD, showing how much of the second buys one unit of the first.
- Currency pairs and pips: quotes, lots, pip value and leverage How to read a currency quote, what a pip and a lot are, how to calculate pip value in dollars for any pair, and what US retail forex leverage limits mean in practice.
- Exchange rate The price of one currency in terms of another, set in the forex market or managed by a central bank.
- Foreign exchange (forex) The global over-the-counter market for trading currencies, the largest financial market by daily volume.
- Forex trading sessions: Sydney, Tokyo, London and New York hours When the 24-hour forex market is open, how the Sydney, Tokyo, London and New York sessions overlap, how daylight saving shifts them and why liquidity changes by hour.
- Pip The standard smallest quoted move in a currency pair: 0.0001 for most pairs and 0.01 for pairs quoted in Japanese yen.
- Spot price The price for buying or selling a commodity, currency or other asset for immediate delivery, as opposed to a futures price for a later date.
- The forex market explained: how currency trading works How the $9.6 trillion-a-day foreign exchange market is organized: dealers, spot, swaps and futures, the major pairs, who trades and what EUR/USD history shows.
Educational content, not investment advice. Finabase Learn explains how markets and tools work. It does not recommend any security or strategy, and examples are for illustration only. Investing involves risk, including the loss of principal. Rules and figures are for the United States unless stated and can change — check the cited source before you act.