Currencies that are traded for the other in a forex pair. For example, if you are buying EUR/USD, the dollar is the funding currency as you are using it to buy Euros. Typically, traders will refer to low-interest rate currencies as Funding Currencies as under healthy economic conditions traders will typically sell them in order to buy higher interest assets or currencies.
Browse by Subjects
See All Related Terms »
fixed exchange rate
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):