Welcome, Guest
 |
Username: LuckyWoman Rating:  Asked to: Chaoxiang Lee Date Created: 11 Jan 2015 |
| Category | 17 |
| Tag | Forex |
| Question | What is a pip and what does it represent? |
|
Hi LuckyWoman, A pip is a very small measure of 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. A pip is a standardized unit and is the smallest amount by which a currency quote can change, which is usually $0.0001 for U.S.-dollar related currency pairs, which is more commonly referred to as 1/100th of 1%, or one basis point. This standardized size helps to protect investors from huge losses. For example, if a pip was 10 basis points, a one-pip change would cause more extreme volatility in currency values. |
List of Gurus
-
Heng Kim 2019-09-24 03:46:59Hi PrettyWoman, The job market is the market in which employers search for
Read more -
Anton Luyten 2019-09-11 10:12:45Hello Fluffy, A harami cross is a Japanese candlestick pattern that consists
Read more -
Chaoxiang Lee 2019-09-07 11:28:32
Hi Maria, A caplet is a kind of call option based on interest rates. The
Read more -
Apinya Kamon 2019-09-04 01:56:33Hello ForexGuy, A false market occurs when prices are manipulated and impacted
Read more -
Tom Burke 2019-08-31 08:08:12Hello LuckyWoman, The yearly probability of living is determined by consulting
Read more
-
Dara Madee 2014 - 11 - 24Hi Bob, Economic indicators are statistical data reflecting an economic
Read more -
Apinya Kamon 2016 - 05 - 13
Hello LuckyWoman, A share of a company incorporated in the Chinese mainland
Read more -
Talitha Taslim 2017 - 02 - 03Hello LuckyMan, Option strategy that will be profitable if the underlying
Read more -
Apinya Kamon 2017 - 03 - 31
Hello Maria, A type of share that gives its shareholder veto power over
Read more -
Dara Madee 2015 - 07 - 02
Hello Peter, One of Spain's four major securities exchanges. Established
Read more
-
Heng Kim 2019 - 09 - 24
Hi PrettyWoman, The job market is the market in which employers search for
Read more -
Anton Luyten 2019 - 09 - 11
Hello Fluffy, A harami cross is a Japanese candlestick pattern that consists
Read more -
Chaoxiang Lee 2019 - 09 - 07
Hi Maria, A caplet is a kind of call option based on interest rates. The
Read more -
Apinya Kamon 2019 - 09 - 04
Hello ForexGuy, A false market occurs when prices are manipulated and impacted
Read more -
Tom Burke 2019 - 08 - 31
Hello LuckyWoman, The yearly probability of living is determined by consulting
Read more