Quiz 2 - Forex Acronyms & Jargon
1. Which is always higher: Bid or Ask?
C) Always the same
D) Depends on the currency pair
2. What is the definition of Spread?
A) Ask - Bid
B) Bid - Ask
C) Ask + Bid
D) Ask / Bid
3. What is 1 PIP equal to for non-JPY currency pairs?
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