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View Full Version : Quoting Convention



oussama94
05-28-2017, 19:07
Spot forex is quoted in pairs. If the EUR/USD exchange
rate is 1.50, for example, it means that every euro buys 1.5 U.S.
dollars. A one-pip move represents a change in the last decimal place, and
for the EUR/USD it is worth $10 on a 100K lot.