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Who determines forex rate?
Forex rates are determined by a variety of factors. See related links for more information about this.
What do bid and ask mean in currency conversion?
The bid and ask are the best prices offered by the buyers and sellers.
What is the bid an ask price in commodities?
"Ask" is the price sellers are asking for their commodity. "Bid" is the price buyers are willing to pay.
What are bid and ask prices?
Bid is the highest price someone is offering to buy the securities for at a given point in time. Ask is the lowest price someone is offering to sell the securities for at a given point in time. When placing a trade you would typically be buying at the ask price and selling for the bid price.
What is the current foreign exchange rate for currencies?
You can update the foreign exchange rate of currencies in the Internet or on forex brokers, such as alpari.com/#informer=quotes or any other ones.
How do bid and ask prices work in Forex?
In forex trading, the bid and ask prices are key to understanding how to buy and sell currencies. The bid price is what a buyer will pay for a currency, while the ask price is what a seller wants. The difference between them is called the spread. As a trader, I always check the spread because it affects my profit. When I buy, I pay the ask price, and when I sell, I get the bid price. Knowing this helps me make better trades!
Guides about forex and forex money?
Assuming the question is about forex trading, there are basic courses available to learn about basic terminology. such as pips, bid, ask, spread, lot size, etc. There is also a special post at fxmarkettips factory that covers more specifics about forex brokers.
What is bid price in forex trading?
The **bid price** in forex trading is the highest price that a buyer is willing to pay for a currency pair at a given moment. It represents the price at which you, as a trader, can sell the base currency in the pair. For example, if the EUR/USD bid price is 1.1050, it means buyers are willing to purchase one euro for 1.1050 US dollars. The bid price is typically displayed on the left side of a quote, and it is always lower than the **ask price** (the price at which you can buy the currency pair).
Forex rates qoutation?
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What was the last bid ask price for the item?
The last bid-ask price for the item was 50.
What is the Forex rate for Malaysia?
The foreign exchange rates for Malaysian currency depends on the currency that one is exchanging. For example, the U.S. dollar has a forex rate of 3.1.
How does a person qualify for forex exchange rate?
Forex Exchange rate is the rate of exchange for currencies that are Foreign to us or from different countries. You may want to check out a Bank Website. www.td.com www.royalbank.com
Who determines forex rate?
Forex rates are determined by a variety of factors. See related links for more information about this.
What do bid and ask mean in currency conversion?
The bid and ask are the best prices offered by the buyers and sellers.
Do you sell at the bid or ask price?
When you buy, you pay the ask price. When you sell, you receive the bid price.
What is the difference between a bond bid and ask price?
The bond bid price is the highest price a buyer is willing to pay for a bond, while the bond ask price is the lowest price a seller is willing to accept for the bond. The difference between the bid and ask price is known as the bid-ask spread.
What is the difference between bid and ask bonds in the bond market?
In the bond market, the bid price is the highest price a buyer is willing to pay for a bond, while the ask price is the lowest price a seller is willing to accept. The difference between the bid and ask prices is known as the bid-ask spread.
