Currency Pair
A currency pair expresses the value of one currency relative to another.
Topic: Forex Basics
Rollover
Rollover is the process associated with carrying a Forex position from one trading day into the next.
What Is Forex?
Forex is the market where currencies are exchanged and compared. The easiest way to understand it is to remember that every Forex price compares one currency with another.
Currency Pairs Explained
A currency pair shows the value of one currency compared with another. The first currency is the base currency and the second is the quote currency.
Bid, Ask and Spread
Forex quotes have two prices: the bid and the ask. The gap between them is the spread, which is one of the costs of entering and exiting a trade.