What is the Bid and Ask Price? – Forex Terminology

What is the bid and ask price? Following
on from the recent video explaining what the spread is, a lot of you guys have
asked, what is the bid? And, what is the ask? The bid represents a price that the
trader can sell the base currency, shown to the left of a currency pair,
for example; euro USD, euro would be the base currency. The ask represents a price
that a trader can buy the base currency. If you have any questions or
terms you would like covered, please write a comment below. If you’re
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