Pip (Percentage in Point)
The smallest unit of price movement in a currency pairTwo currencies quoted together, showing the relative value of one against the other (e.g., EUR/USD).. For most pairs, it is 0.0001; for JPY pairs, it is 0.01.
The smallest unit of price movement in a currency pairTwo currencies quoted together, showing the relative value of one against the other (e.g., EUR/USD).. For most pairs, it is 0.0001; for JPY pairs, it is 0.01.