Prices on currency exchange currency pairs are quoted as bid-offer spreads, the bid being the sell price and the offer being the buy cost. So, if your EUR / USD is quoted at 1.4256 / 1.4258, a trader desiring to go long ( buy ) would buy the currency pair at 1.4258, while an investor desiring to go short ( sell ) would sell the currency pair at 1.4256.
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