q

quantitative easing

Quantitative easing (QE) is an unconventional monetary policy tool that consists in a large-scale purchasing of assets by a central bank using money that it has newly created. It is more colloquially referred to as “printing money”, though no actual banknotes are printed. Merely, money is electronically “created”. QE aims to raise the price of […]

quote currency

The quote currency is the second currency appearing in a currency pair quotation. The quote currency quoted expresses the number of units of that currency that are equal to one unit of the base currency. For example, if the EUR-USD is quoted at 1.25, EUR is the base currency, and USD is the quote currency. […]

quote currency interest rates

In a currency pair, the quote currency interest rate is the interest rate set by the central bank that issues the quote currency. In FX markets, currencies are quoted in relation to other currencies and represented in pairs. In the EUR/USD pair, for instance, the euro is the base currency and the dollar is the […]