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What is Pip ?

marktaylor
Oct 14 2020 at 04:32
posts 21
PIP is the price interest point and it determines the price move in the exchange rate. It is good for traders for analysis the price move in order to alter their trade strategy.

inspirenez
Oct 14 2020 at 11:09
posts 59
It’s how units are measured in Forex trading. It basically shows the difference in value of currency.

SofieAndreasen
Oct 04 at 16:38
posts 667
Pip is the changing value of the price.

LyudmilLukanov
Oct 04 at 17:37
posts 652
Pip is the smallest fraction in the price.

Reece Rispoli (reece22)
Oct 13 at 19:51
posts 57
Dictiony posted:
What is Pip In Forex, I am learner and asking for this question for learning purposes.



A pip, short for 'percentage in point' or 'price interest point,' represents a tiny measure of the change in a currency pair in the forex market. It can be measured in terms of the quote or in terms of the underlying currency

Reece Rispoli (reece22)
Oct 13 at 19:53
posts 57
A pip, short for 'percentage in point' or 'price interest point,' represents a tiny measure of the change in a currency pair in the forex market. It can be measured in terms of the quote or in terms of the underlying currency

AliForexTalks
Oct 16 at 17:11
posts 81
Pip is an acronym for 'percentage in point' or 'price interest point.' A pip is the smallest price move that an exchange rate can make based on forex market convention. Most currency pairs are priced out to four decimal places and the pip change is the last (fourth) decimal point.

RobSchiz
Oct 20 at 20:39
posts 465
AliForexTalks posted:
Pip is an acronym for 'percentage in point' or 'price interest point.' A pip is the smallest price move that an exchange rate can make based on forex market convention. Most currency pairs are priced out to four decimal places and the pip change is the last (fourth) decimal point.

Thank you for the details.

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