The __________ price is used for people to sell a currency pair and reflects how much the market will pay for the quote currency in relation to the base currency.
举一反三
- In Forex, the counter currency represents how much of the quote currency is needed for you to get one unit of the counter currency. True or false?
- If a person buys or sells a currency pair, he buys or sells the base currency.
- the bid price is the price that A: the quoting bank is willing to sell a unit of foreign currency B: the quoting bank is willing to buy a unit of foreign currency C: the buyer is willing to buy a unit of foreign currency D: the seller is willing to sell a unit of foreign currency
- If a person buys or sells a currency pair, he buys or sells the counter currency.
- Currency Q2 A: Whether it is possible to travel without carrying any physical currency. B: Whether it is possible to predict how much money one is going to spend. C: Whether the absence of physical currency causes a person to spend more. D: Whether the absence of physical currency is going to affect everyday life.