Video: How Currency Pairs and Bid/Ask Spread Works in Forex
The foreign exchange market (Forex) is always traded in pairs. Whenever you see a currency exchange rate, it will belong to a currency pair such as USD/CAD. USD/CAD indicates two currencies: the US Dollar and the Canadian Dollar.
Part of our multimedia library, learn in this video how currency pairs and bid/ask spread works in Forex to enrich your trading knowledge.