Forex base currency quoted currency. Direct/Indirect Quotes & Base/Counter Currency Pairs. Direct and Indirect Quotes. Every local currency can be quoted directly or indirectly against other currencies (most of the time the US Dollar).

Forex base currency quoted currency

base currency Vs quote currency

Forex base currency quoted currency. Jul 14, - bunhill/Getty Images. A forex quote always consists of two currencies, a currency pair consisting of a base currency and a quote currency (sometimes called the "counter currency." The base currencies most often used are EUR (Euros), GBP (British pounds) AUD (Australian Dollars) and USD (US Dollars).

Forex base currency quoted currency

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