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Figuring out the inverse value of a pair

This is a somewhat math related portion regarding forex.
I can see at http://www.xe.com/ the inverse value of a pair.
Say the USD/CAD price is 1.42380, then according to the site the inverse(opposite) aka the CAD/USD would be 0.70234
Now this is all great and simple when you want to know the inverse for only the current price, but how is this actually figured out/computed?
Say I want to know what the value of the USD/CAD would be when the CAD/USD is at .6000? Does anyone know the foruma in how this is determined?
Thank you
submitted by mrshinko to Forex [link] [comments]

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