Given the following information:

USD/EUR       1.4559/1.4561

JPY/USD        81.87/81.89

CAD/USD       0.9544/0.9546

SEK/USD        6.8739/6.8741

Indicate the bid rate in the USD/EUR exchange rate:

The bid rate in an exchange rate quotation is the rate at which the market (or a dealer) is willing to buy the base currency. In the given USD/EUR quote:

**USD/EUR = 1.4559/1.4561**

- The **bid rate** is 1.4559.
- The **ask rate** (or offer rate) is 1.4561.

Therefore, the **bid rate in the USD/EUR exchange rate is 1.4559**.

Would you like more details or have any questions about this? Here are some related questions:

1. What is the ask rate in the USD/EUR exchange rate?
2. How do you interpret bid and ask rates in currency exchange?
3. How can you calculate the bid-ask spread from these rates?
4. What does it mean for a trader when looking at the bid rate?
5. How would the bid rate change if market conditions favor the euro?

**Tip:** The bid rate is always lower than the ask rate in any currency exchange quotation, reflecting the market's buying and selling prices.

Learn about the bid rate in the USD/EUR exchange rate of 1.4559. Understand how bid and ask rates work in currency exchange, with detailed explanations and examples.

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