What is the bid / ask price?
What is the bid / ask price?
The bid and ask price (from the client’s perspective) is the highest price that a group of buyers / group of sellers are willing to pay / sell and asset for. The difference between the bid and ask price is called the spread. A variable spread occurs when the bid and ask price to fluctuate due to the demand and supply of the currency pair. In comparison, a fixed spread ensures the difference between the bid and ask price stays consistent, regardless of market conditions.
Hello traders! This week ahead, we have many events that directly affect significant currencies such as the GBP, USD, the NZD, and the Euro. Trades should be aware of these critical events not to be whipsawed by the market. Here is your week ahead
The pound against the US Dollar has returned 11.4% since its March lows. As well all know, a lot has happened since March. But what has not come to fruition is the Brexit talks. As the transition deadline for the UK to leave the EU approaches, Brexit talks have suddenly come back into the spotlight. However, Prime Minister Boris Johnson has thrown a wrench in the Brexit negotiations, threatening to break international law by passing local legislation to override certain parts of the Brexit deal.
NASDAQ ranges as Coronavirus licks 30 million Much of the excitement that fueled the rise in equity markets has fizzled out on a recent downbeat and neutral news on the Coronavirus development. From its March lows, the NASDAQ 100 has returned 83.26% from its peak at...
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Risk Warning: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money you cannot afford to lose. You should make yourself aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any questions or concerns as to how a loss would affect your lifestyle.
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