Vidéo éducative Forex
Pip is the smallest price move that an exchange rate can make based on forex market convention. It is the smallest unit of measurement we use when we trade currency pairs. Most currency pairs are measured to five decimal places. Example pairs like EURUSD & AUDUSD, when EURUSD moves from 1.10800 to 1.10850, it has moved 5 pips in total.
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