oussama94
05-28-2017, 00:09
One pip is the smallest unit of change in price.
It stands for ‘percentage in point’. Because
most currency pairs are quoted with four decimal points, one pip usually equals 0.0001
but there are some currency pairs such as the
USD/JPY where 1 pip equals 0.01.
It stands for ‘percentage in point’. Because
most currency pairs are quoted with four decimal points, one pip usually equals 0.0001
but there are some currency pairs such as the
USD/JPY where 1 pip equals 0.01.