It’s important for traders to be familiar with FX spreads as they are the primary cost of trading currencies. Understand a pair's spread here:
A high spread means there is a large difference between the bid and the ask price. Emerging market currency pairs generally have a high spread compared to major currency pairs.
A higher than normal spread generally indicates one of two things, high volatility in the market or low liquidity due to out-of-hours trading. Before news events, or during big shock , spreads can widen greatly.A low spread means there is a small difference between the bid and the ask price. It is preferable to trade when spreads are low like during theKeeping an eye on changes in the spreadhappen sporadically and depending if expectations are met or not, can cause prices to fluctuate rapidly.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Buying Bitcoin Dip? Peter Brandt Has Cautionary LessonDoubling down on a losing trade might prove to be an expensive mistake, according to Peter Brandt
Read more »
How can you tell if your symptoms are a cold, the flu or the coronavirus?The viruses that cause colds, the flu and COVID-19 are spread the same way — and they can all be spread before a person realizes they’re infected.
Read more »
Ether Sees Higher Liquidations Than Bitcoin After Falling Under $3.2KIn the past 24 hours, traders have racked up $182 million in losses on ether-tracked futures products, which is $14 million higher than bitcoin-tracked futures during the same period. By shauryamalwa
Read more »
Bitcoin Falls Below $43K, Leads to $800M in Crypto LiquidationsIn the last 24 hours, crypto futures worth over $812 million were liquidated as bitcoin broke its $46,000 support level and fell to $43,000. By shauryamalwa
Read more »
S\u0026P 500 Forecast: Slight Dip to Show HesitationThe S\u0026P 500 pulled back just a bit on Wednesday, albeit ever so slightly.
Read more »
GBP/USD Forex Signal: Relentless Rally to ContinueThe GBP/USD rose to the highest level since November 9th as hopes of a more hawkish Bank of England (BOE) rose.
Read more »