Hey,
When we are quoted a bid/ask rate lets say 4/5 EUR/USD.. when i am flipping this currecy to do my calculations lets say i need the US in the Base. I’ll take the inverse (.25/.20) … Do i also have to switch the bid/ask spread now to refelct .2 as the bid and .25 as the ask…. Pretty sure thats how itd done dor some reason second guessing myself
When we are quoted a bid/ask rate lets say 4/5 EUR/USD.. when i am flipping this currecy to do my calculations lets say i need the US in the Base. I’ll take the inverse (.25/.20) … Do i also have to switch the bid/ask spread now to refelct .2 as the bid and .25 as the ask…. Pretty sure thats how itd done dor some reason second guessing myself