FX spot prices or forward prices?

Discussion in 'Forex' started by moodyblue, Dec 16, 2006.

  1. moodyblue

    moodyblue

    Hi there

    I trade FX using a spread betting firm. I trade using spot prices (EUR/USD 2 pips) and hold a trade for several days to a couple of weeks.

    I notice that the forward prices of the same market show a spread of 10 pips. Why would anyone ever use this?

    Thanks in advance

    Moodyblue