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Dakar 2017
Home / Beginners / Forex Glossary / Term "ask-price"
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Ask Price

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Ask price - is the price at which the forex trading market is prepared to sell a specific Currency in a Foreign Exchange Contract or Cross Currency Contract. At ask price, the trader can buy the base currency. In the quotation, it is shown on the right side of the quotation. For example, in the quote USD/CHF 1.4527/32, the ask price is 1.4532; meaning you can buy one US dollar for 1.4532 Swiss francs.