The bid/ask spreads quoted on more liquid, heavily traded currencies are larger than the spreads on less liquid, less traded currencies.

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The bid/ask spreads quoted on more liquid, heavily traded currencies are actually smaller than the spreads on less liquid, less traded currencies. This is because the higher trading volume and market activity leads to greater competition among buyers and sellers, resulting in tighter spreads.

The Bid/ask Spreads Quoted on More Liquid, Heavily Traded Currencies