FOREX Rates and Quotes Indirect . home currency is the vehicle or unit currency(the currency being traded) a Direct o foreign currency is the vehicle or unit currency
FOREX Rates and Quotes ◼ Indirect •home currency is the vehicle or unit currency (the currency being traded) ◼ Direct •foreign currency is the vehicle or unit currency
Conversion of Quotes 1AUD/0.5185USD lUSD/(1/0.5185)AUD 1 USD/1.9286AUD
Conversion of Quotes 1 AUD / 0.5185 USD 1 USD / (1/0.5185) AUD 1 USD / 1.9286 AUD