What is a Pip?: Revision history

From Volatility.RED

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6 December 2023

24 November 2023

  • curprev 11:4811:48, 24 November 2023FXGTeam talk contribs 6,849 bytes +106 No edit summary
  • curprev 11:4711:47, 24 November 2023FXGTeam talk contribs 6,743 bytes +6,743 Created page with " __TOC__ ='''What is a Pip?'''= ==Pip== A pip is the smallest unit of price for any currency. Most currency pairs consist of 5 significant digits and most pairs have the decimal point immediately after the first digit, that is, EUR/USD equals 1.1138. In this instance, a single pip equals the smallest change in the fourth decimal place which is 0.0001. Therefore, if the quote currency in any pair is USD, then one pip always equal 1/100 of a..."