标价货币指任何汇率必定涉及两种货币—基准货币(base currency)和标价货币(quoted currency)。
The price means any necessarily involves both currencies - base currency and priced currency.
根据定义，汇率的表达方式为一单位的基准货币可兑换多少单位的标价货币。例如，欧元兑美元报价是以1欧元兑多少美元表示，所以在此基准货币为欧元，标价货币为美元。
The exchange rate, by definition, is expressed as the unit of value of the base currency of a unit of currency. For example, the euro is quoted as in relation to the United States dollar, so that the base currency is the euro and the denominated currency is the United States dollar.
例如，在欧元/美元里，欧元是基准货币，美元则是标价货币。这一对货币对的报价就告诉了我们购买一个基准货币单位要花多少标价货币。如果欧元/美元的交易价格是1.2021，那么我们需要花1.2021美元来购买1欧元。
For example, in the euro/dollar, the euro is the base currency, and the dollar is the denominated currency. This money-to-currency offer tells us how much currency the currency unit of
温馨提示：英银购债主力英镑连涨三日，专家警告涨势不可持续。具体操作请关注金投网APP，市场瞬息万变，投资需谨慎，操作策略仅供参考。
: the British silver-buying bond has been rising for three days, and experts warn that the increase is unsustainable. Please focus on
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