Pip (Forex)

The smallest increment of change in a foreign currency price, either up or down. A pip is known as percentage interest point, and is equivalent to 0.0001 or ten-thousandths of a unit number of 1. For the Yen crosses, a pip is equivalent to 0.01.

By |2018-09-04T14:49:18+00:00September 4th, 2018|0 Comments

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