Definition: An offer, also known as the ask price, is the price at which a seller is willing to sell a currency pair, stock, commodity, or other financial instrument. It represents the lowest price at which a seller will accept a buyer’s bid in the market.
Understanding and analyzing the offer price is crucial for effective trading. It helps traders determine the cost of entering or exiting a position and provides insights into market liquidity and price trends. By monitoring the offer price along with the bid price, traders can assess the bid-ask spread, gauge market sentiment, and execute trades more efficiently to optimize their trading strategies.
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