A classification of spread betting that includes taking a wager on the price development of currency pairs. An organization offering currency spread wagering for the most part cites two prices, the offer and the ask price - this is known as the spread. Traders wager whether the price of the currency match will be lower than the offer price or higher than the ask price. The narrowest the spread, the more alluring the currency pairs. Like spread betting, traders don't have to really claim any currency.