Apr 03, 2020 · How does Forex trading work? Rather than thinking of Forex trading as currency exchange, it better to think of it like any other market. On a stock exchange, for instance, you buy an asset (stocks) with currency. In the case of Forex trading, it just so happens … Currency Pairs - Understanding and Reading Forex Quotes Nov 05, 2016 · If you were to pay in euros, you’d not be currency trading, and when you use another currency to fund your purchase of the euros, you’re actually creating a forex quote. It’s actually quite easy to evaluate forex quotes once you get the hang of it, and the fastest way to learn is by considering some examples: EUR/USD 1.2786