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Considering the trade information reported here: https://btc-e.com/api/3/trades/btc_usd

  1. Do these refer to open orders, or to completed trades? If this shows only completed trades, does the API offer a means to retrieve the open orders?

  2. Each record has an 'amount' field. Is this field always in USD for both bids and asks?

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Have a look at the documentation (unfortunately it's in russian, but google can translate): https://btc-e.com/api/3/documentation

  1. I think it's finished trades. Look at the Depth method to get open orders https://btc-e.com/api/3/documentation#depth

  2. If you are looking at the btc_usd pair, then the price is in USD, and the amount in BTC

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