The bid price is used when selling a currency pair (going short) and reflects how much of the quoted currency will be obtained when selling one unit of the base currency, or how much the market will pay for the quoted currency in relation to the base currency. The quote before the slash is the bid price, and the two digits after the slash represent the ask price (only the last two digits of the full price are typically quoted). Note that the bid price is always smaller than the ask price. Let's look at an example: USD/CAD = 1.2000/05 Bid = 1.2000 Ask = 1.2005
Visibility: 23
Duration: 0m 0s
Rating: 0