If instead of USD JPY, this quote read USD CAD = ., you would read it the exact same way. If you want to buy US$, it will cost you C$., and if you wanted to sell US$, you would get C$ These exchange rates simply tell you how much you will pay receive if you buy sell the "base" currency..In this section, we ll go over currency quotations and how they work in currency pair trades. Reading a Quote When a currency is quoted, it is done in relation to . Knowing how to read a forex quote is an essential skill when trading in the forex market. Learn how quotes work and how you can read them at .
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