It is the second currency in the currency pair that is used by the client when selling or buying base currency.

In a direct quote, the quote currency is the foreign currency. In an indirect quote, the quote currency is the domestic currency.

The second currency quoted in a currency pair in forex. In a direct quote, the quote currency is the foreign currency. In an indirect quote, the quote currency is the domestic currency. Also known as the "secondary currency" or "counter currency".

The second currency quoted in a currency pair in forex. In a direct quote, the quote currency is the foreign currency. In an indirect quote, the quote currency is the domestic currency.