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Forex Quotes Understanding Bid and Ask Prices

This is part of technical terms associated with foreign exchange trading. Price terms are very important to forex trading and the information is also crucial for every trader. Those important terms are “quote” and “spread”. Forex quotes come with two kinds of prices, Bid and Ask. The word “quote” is used in almost all kinds of businesses and stands for an approximate market price. Most foreign currency forex quotes are given in pairs. Copyright © 2008 daily20pip.com. Thank you for usin




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