I'm trying to understand the foreign exchange market, and I'm confused about pips. Specifically, I want to know how many points is considered 1 pip.
7 answers
DigitalEagle
Sat Dec 21 2024
PIPETTE is another term for POINTS.
Lucia
Fri Dec 20 2024
PIPETTEs and POINTS are interchangeable terms in this context.
CryptoQueen
Fri Dec 20 2024
The acronym PIP is predominantly utilized in the context of forex pairs.
Caterina
Fri Dec 20 2024
Price movements in the forex market are often measured in terms of PIP or PIPETTEs.
Caterina
Fri Dec 20 2024
Spreads, which represent the difference between the buy and sell prices, are also evaluated using these units.