Quantitative Easing or QE for short, is an economic monetary policy whereby a central bank buys long-term securities from the open market aiming to increase the money supply and stimulate lending and investments. By buying these types of securities the central bank of the country injects new money into the country’s economy. Bidding up such fixed-income securities also aims in pushing down interest rates.
A Quote states the most recent Bid and Ask prices that buyers and sellers are willing to Buy and offer to Sell o security.
Quote Currency, also known as the counter currency, is the second currency that appears in a currency pair. In EUR/USD, for example, USD is the Quote Currency and EUR is the Base Currency.