Forex brokers will quote you two different prices for a currency pair: the bid and ask price. The “bid” is the price at which you can SELL the base currency. The “ask” is the price at which you can BUY the base currency. The...

What is PIP? A pip is a unit of measurement used in the foreign exchange market. It is equal to 1/100th of a percent and is used to measure the change in value between two currencies. For example, if the...

  Gold is a valuable resource that has been used for centuries as currency, jewelry, and other decorative items. The value of gold is determined by its rarity and the demand for it. Gold prices are typically quoted in U.S....