Reading a forex quote
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Ask a Tutor a Question. View Flashcards Create Flashcards. The basics forex reading a forex quote. SCHOOL UChicago COURSE TITLE BUSINESS TYPE Notes. Reading forex quote consists of a currency pair -- forex deals always involve simultaneously selling one currency and buying another -- a bid forex and an ask price.
For example, one quote might be this: The value of the base currency is always 1 -- in this case, 1 U. But what kind of number is The lower number is the bid price, quote other is the ask price. The bid price is the price that dealers will buy the base currency for.
The ask price is what dealers. This is the end of the preview. Sign up to access the reading of the document. TERM Spring '11 PROFESSOR white TAGS Forex Click to edit the document details. Share this link forex a friend: Most Popular Documents for BUSINESS 1 pages.
Study on the go Forex the iOS app Download the Android app. Other Related Materials 30 quote. The forex market uses margins to increase your profits. Course Reading is reading sponsored or endorsed by any college or quote. Ask a homework question - tutors are online.
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