It’s important to understand what currency pair price movements mean for your open foreign exchange (forex) positions. Explore what a pip is in forex trading. Call +65 6390 5133 between 9am and 6pm ...

Forex, or the foreign exchange market, is where trillions of dollars change hands daily through currency transactions. Successful trading in this dynamic market requires not only theoretical knowledge ...

Thinking of trading currencies? Before you dive in, it’s important to understand a few key concepts, starting with one of the most fundamental: pips, and how to calculate pips in Forex. A pip, short ...

A forex pair moves in increments of pips. The pip in most cases is the 4th decimal place or the ten-thousandths place in the quoted exchange rate. If the exchange pair is quoted in Japanese yen then a ...