Spread, in general, refers to the difference between two prices, rates, or yields. The spread, therefore, is the difference between the bid and ask prices of a security or asset, such as a stock, bond, or commodity. This is referred to as a bid-ask spread.
The spread in forex trading is the difference between a currency pair's bid (sell) and ask (buy) prices. A currency pair always has two prices: the bid price and the ask price. The pairing indicates how much of the variable currency corresponds to one unit of the base currency.
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