: The difference between the buy (bid) and sell (ask) price, which represents the broker's primary cost. Essential Getting-Started Resources
What Is Forex Trading and How Does It Work? - Charles Schwab {forex}
: You sell if you expect the base currency to weaken against the quote currency. Pips and Spreads : Pip : The smallest price move a given exchange rate makes. : The difference between the buy (bid) and
: Currencies are always traded in pairs, such as EUR/USD (Euro vs. U.S. Dollar). {forex}