Cross rate
An exchange rate between two currencies calculated through a third, usually the US dollar. EUR/JPY can be derived from EUR/USD and USD/JPY.
Related terms
Cross pairs
Pairs of two major currencies that do not include the US dollar,…
Exchange rate
The price of one currency in terms of another. In EUR/USD at…
Account currency
The currency your trading account is held in. Profits, losses and…
Ask
The price at which the market will sell to you, so it is the price…
Base currency
The first currency in a pair. In GBP/USD it is the pound. Buying…
Bid
The price at which the market will buy from you, so it is the…