
How to read central-bank decisions through currency pairs
Separate policy decisions, expectations and price reactions without turning an announcement into a mechanical signal.
Currencies, with context.
Understand what a pair measures before explaining why it moved. Read quote conventions alongside the framework for interpreting central-bank announcements.
The first currency is the base and the second is the quote. That ordering controls the meaning of a rise or fall, while the instrument and timestamp control what can be inferred from a price. These guides connect numerical clarity with macroeconomic reading: start with the units, then ask what changed in the information affecting both sides of the pair.

Separate policy decisions, expectations and price reactions without turning an announcement into a mechanical signal.

Read EUR/USD and USD/JPY correctly, invert exchange rates, and connect a price increment to a real amount.