Will Japanese Yen keep dropping?
I'm concerned about the future trend of Japanese Yen. It seems to be dropping recently and I'm wondering if this trend will continue. Should I expect the Yen to keep decreasing in value?
What is 20 pips equal to?
I'm trying to figure out the value of 20 pips. I understand that pips are used in forex trading to represent the smallest price movement a currency pair can make, but I'm not sure what 20 pips would equate to in terms of actual value.
Is 100 pips 1%?
I'm trying to understand the relationship between pips and percentages in trading. Specifically, I want to know if 100 pips equate to 1% change in value. Can someone clarify this for me?
Why is XRP up 20%?
I noticed that XRP has suddenly surged by 20% in the market. I'm wondering what could be the reason behind this significant increase. Is it because of some positive news or development related to XRP or the crypto market?
What is 30 pips in gold?
I'm trying to understand what 30 pips in gold actually means. I know pips are usually used to measure price movements in the forex market, but I'm not sure how it applies to gold. Can someone explain this to me?