Currency Pair
Two currencies quoted together, showing the exchange rate between them.
Full Definition
A currency pair consists of two currencies quoted against each other, with the first being the base currency and the second the quote currency. Major pairs (EUR/USD, GBP/USD, USD/JPY) involve the US dollar. Cross pairs (EUR/GBP, AUD/NZD) do not include USD. Exotic pairs combine a major currency with an emerging market currency.