Forex Prices
LIVE FOREX PRICES
Keep track of every move with real-time, live price data on all 80+ major and minor forex pairs.
Most popular
| Markets | Sell | Buy | Change |
|---|---|---|---|
| EUR/CHF | - | - | - |
| EUR/USD | - | - | - |
| GBP/USD | - | - | - |
| EUR/JPY | - | - | - |
| USD/CHF | - | - | - |
How are forex markets priced?
Forex markets are priced in pairs, consisting of two currencies that are being exchanged (or traded for each other). Forex pairs consist of a base currency and a quote currency. The base currency is the first currency listed and is quoted against the second currency in the pair, represented as base/quote.
Whether you are going long or short a currency pair, you are simultaneously buying one currency and selling the other. This gives you the flexibility to speculate on over 80 combinations of currency pairs.
GLOBAL REACH.
SIMPLIFIED.
- 80+ forex pairs
- 24 hours a day, 5 days a week access
- Biggest market in the world2
GLOBAL REACH.
SIMPLIFIED.
- 80+ forex pairs
- 24 hours a day, 5 days a week access
- Biggest market in the world2
FREQUENTLY ASKED QUESTIONS
Forex market prices are determined by supply and demand dynamics, influenced by economic indicators, geopolitical stability, interest rates, and other macroeconomic factors.
All forex pairs are available to trade 24 hours a day, five days a week. Markets open at 4 pm on Sunday and close at 5 pm on Friday (EST).
Pips are the units used to measure movement in a forex pair. A forex pip usually refers to a movement in the fourth decimal place of a currency pair. So, if EUR/USD moves from $1.0736 to $1.0737, then it has moved a single pip. The decimal places that are shown after the pip are called micro pips, or sometimes pipettes, and represent a fraction of a pip.
When you ‘go long’ it means you’re buying the base currency and selling the quote currency. For example, in the case of GBP/USD, you go long if you expect the pound to strengthen against the dollar. You’ll earn a profit if your long position on the currency pair increases in price.
If you short (‘sell’) a currency pair, you’d be expecting the base currency to depreciate against the quote currency. Using the same GBP/USD as an example, you could short pounds for dollars. If the dollar strengthens, the price of the pound would have dropped.
1 #1 Overall Broker, #1 Mobile App, #1 Trust Score, #1 Education, #1 Web Platform are accolades presented to IG, parent company of tastyfx, on January 23, 2024, during the ForexBrokers.com 2024 Annual Awards. Accolades were awarded by the ForexBrokers.com research team based on demonstrated excellence in categories considered important to investors, traders, and consumers. Click here to learn about how they rate brokers.
2 The greater foreign exchange marketplace reached $7.5 trillion per day in 2022; however, tastyfx LLC is the counterparty to the FX transactions of its client base and therefore serves as the liquidity provider in this much smaller subsection of this marketplace. Source: Bank for International Settlements Triennial Central Bank Survey (2022).