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Forex question How is the value of a pip?
avatar Mymelody
Question by: Samanthar - 10 Mar 2016, 09:15:06
How is the value of a pip?
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Answers (1)
avatar user 8808
Answer by: Joseph - 10 Mar 2016, 09:22:31

"Pip" is an acronym for price interest point. It is a measurement to four decimal places or 0.0001 for most currency pairs.

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