Learn Forex Online Currency Trading The first currency is the base currency and the second currency is the quote currency. Learn Forex Online Currency Trading The price, or rate, that is quoted is the amount of the second cur- rency required to purchase one unit of the first currency.


Learn Forex Online Currency Trading The first part of the quote is the amount of the Learn Forex Online Currency Trading quote currency you will receive in exchange for one unit of the base currency (the bid price) and the second part of the quote is the amount of the quote currency you must spend for one unit of the base currency (the ask or offer price). A dealer may not quote the Learn Forex Online Currency Trading full exchange rate for both sides of the spread.





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