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Jan Wallas

Ask and Bid.

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Ask price, known as the offer value, the ask cost is the cost noticeable on the right-hand side of a quote. This is the cost at which you can purchase the base cash. For instance, if the quote on the EUR/USD cash match is 1.1965/67, it implies that you can purchase 1 euro for 1.1967 US dollars. Bid price - It is the cost at which you can offer a cash match. For instance, if the EUR/USD is cited at 1.4568/1.4570, the primary figure is the offered cost at which you can offer the money combine. Bid is dependably lower than Ask. Furthermore, the distinction amongst bid and ask is the spread.

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