Currency pairs

USDRUR, which was already mentioned - is a direct quote, as the dollar is worth it in the first place. Any quotation, in which the dollar is worth in the first place, will be called directly. For example, there are also USDJPY (U.S. Dollar denominated in Japanese yen), USDCHF (U.S. Dollar denominated in Swiss francs) and others.

EURUSD (Euro to U.S. dollar) - is an example of indirect quotation, as in it the U.S. dollar is in second place. Any quotation, in which the dollar is in second place, is called back. As an example, there are also GBPUSD (British Pound to U.S. dollar), AUDUSD (Australian Dollar against the U.S. dollar).

A EURRUR (euro against the ruble) - is an example of the so-called cross-rate, that is, quote, in which the U.S. dollar is generally absent. In fact, this "intersection" of two quotes - EURUSD and USDRUR. There are others - for example, EURGBP, GBPCHF and others.

The meaning of any quote is that the currency, which is located in the first place (in the language of the market it is called the base currency), expressed in a certain amount of currency, which stands in second place (Countercurrency or quote currency). Quote EURUSD = 1.44 means that 1 EUR is 1,44 USD, quote USDJPY = 80 means that one U.S. dollar is worth 80 yen.

In the Alpha Forex granted to trade 32 currency pairs, but will be implemented as other couples, precious metals and derivative instruments on the securities market.