Forex glossary
Pip
A pip is the smallest standard increment a currency pair price moves — usually the fourth decimal place (0.0001), or the second decimal (0.01) for yen pairs such as USD/JPY. It is the unit used to measure profit, loss and spread.
Forex glossary
A pip is the smallest standard increment a currency pair price moves — usually the fourth decimal place (0.0001), or the second decimal (0.01) for yen pairs such as USD/JPY. It is the unit used to measure profit, loss and spread.