Ask (Forex)

The price at which a currency pair or security is offered for sale. The Ask is the quoted price at which an investor or trader can buy a currency pair, or the price at which a dealer will sell a currency pair to a trader. This is also known as the “offer”, “ask price”, and “ask rate”. In a price quote, there are two prices that are listed, and it is the price listed on the right hand side of a price quote that constitutes the Ask. The Ask Price is always higher than the bid price. E.g. in a quote that is listed as 1.2346/1.2349, 1.2349 is the Ask Price.

By |2018-09-04T15:40:10+00:00September 4th, 2018|0 Comments

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