Indirect Quote = 1 / Direct Quote If USD/CHF=0.91, we'd need just 0.91 CHF to buy $1 USD. But for the Canadian dollar, we'd need CAD 1.45 to buy $1 USD. Indirect quotes are mainly used by forex ...

Iran’s currency and gold markets experienced a sharp decline in prices as news emerged that Tehran and Washington would hold direct negotiations on Saturday April 12. The US dollar recorded a 5. ...