When you observe the forex quotes, you might notice a difference between the bid (the price you can sell) and the ask (the price you can buy). This difference is spread, and it is how brokers and ...

Your profit or loss is the excess after the spread is covered. Each investor must know how to read forex quotes and make a trade. As mentioned, forex trading takes place in pairs. The first ...

But for the Canadian dollar, we'd need CAD 1.45 to buy $1 USD. Indirect quotes are mainly used by forex market traders and professionals, multinational corporations, exporters, and financial ...

Forex trading involves the simultaneous buying and selling of currencies to profit from fluctuations in exchange rates.