Just like Batman and Robin, peanut butter and jelly, and every iconic duo, one of the most popular pairs in Forex trading is USD/JPY.
USD/JPY (U.S Dollar / Japanese Yen) is referred to as currency pairing; a price quote of the exchange between two different currencies traded in the FX Market. When trading, if you buy a currency pair, you buy the base currency and at the same time sell the quote currency.
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