Glossary
Pip
The smallest standardized price movement in a currency pair, typically the fourth decimal place (e.g., EUR/USD moving from 1.0845 to 1.0846 is one pip). Used mainly in forex trading to measure small moves precisely.
Glossary
The smallest standardized price movement in a currency pair, typically the fourth decimal place (e.g., EUR/USD moving from 1.0845 to 1.0846 is one pip). Used mainly in forex trading to measure small moves precisely.