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Tag: pip

About Forex PIP

In the context of forex (foreign exchange) trading, a "pip" stands for "percentage in point" or sometimes "price interest point." It is a standardized unit of measurement used to quantify changes in the exchange rate between two currencies. Pips are typically used to express...

About PIP

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 value of the euro increases...
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