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United States Dollar (USD)

The United States dollar is the official currency of the United States and its territories. Its code is USD, its symbol is $, and one dollar is divided into 100 cents. It is also widely used in global trade, commodities, loans, contracts, and central-bank reserves. Currency pairs show its value differently depending on where USD appears. In EUR/USD, a fall means the dollar has strengthened against the euro. In USD/JPY, a rise means the dollar has strengthened against the yen. Reading the order of the two currencies is therefore important. The same dollar move can appear as a rise in one pair and a fall in another.

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