Econ - Direct vs. Indirect Quote.

CFA Level II
#1

Hi guys, can someone confirm the following example 0.80Euros/$ - This would be a direct quote for the US dollar in terms of Euro. - This would also be the direct quote from the perspective of someone in Europe Is this right?

#2

direct is always domestic/foreign direct for Us is Us/fc

#3

This is the direct quote for the euro and indirect for the dollar.

#4

This is the direct quote from the perspective of someone in europe…

#5

Wow, those were some quick responses. Thanks guys. I thought Stalla 4-67 (for those using Stalla) was wrong.