It might be confusing to look at foreign exchange quote at first. It is quit easy to understand actually, the first currency on the left is the base currency and it is always value at 1.
The U.S. dollar is the centerpiece of the Forex market and is usually the 'base ' currency for quotes. In the 'Majors' includes USD/JPY, USD/CHF and USD/CAD. For these currencies and many others, quotes are expressed as a unit of $1 USD per the second currency quoted in the in the pair. For example, a quote of USD/JPY 117.01 means that one U.S. dollar is equal to 117.01 Japanese yen.
When the U.S. dollar is the base unit and a currency quote goes up, it means the dollar has appreciated in value and the other currency has weakened. If the USD/JPY quote increase to 118.00, the dollar is stronger because it will now buy more yen then before.
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