amelia_doe_explorer
Sun Jul 14 2024
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7 answers
1794
What is a'midpoint' of a foreign exchange spread?
Could you please elaborate on the concept of a 'midpoint' in the context of a foreign exchange spread? I'm interested in understanding how it's calculated and what significance it holds for traders and investors in the foreign exchange market. Specifically, how does the midpoint relate to the bid-ask spread, and how does it influence trading decisions? Is it a static figure or does it fluctuate with market conditions? I'd appreciate a concise yet comprehensive explanation of this term and its application in the realm of currency trading.
