FxPro Help Centre - Glossary
Market prices are quoted in pairs; the bid price and the ask price. The ask price is the price at which an underlying instrument is available for purchase. Thus, in a given currency pair (e.g EUR/USD) the ask price represents how much of the quote currency (USD) is required for a trader to purchase a unit of the base currency(EUR). In a given bid/ask spread (e.g 1.32166/1.32184) the ask price is 1.32184; meaning that 1 EUR equals 1.32184 USD.