Foreign exchange trading is basically the trading of the currency from two nations against one another. The pairs are predetermined by brokers, who could possibly offer a counterpart for the currency pair that you need to exchange. For instance, a well known pair that is broadly exchanged is EUR/USD. The EUR/USD is the European Dollar, otherwise called the EURO, and the USD, which is the US Dollar. At the point when the Euro becomes worth more money in dollars, the pair goes up, and when it is worth less money in dollars, the pair drop in esteem.