What is a “pip”?

A "pip" the smallest amount by which a currency pair can change (though many brokers now offer fractional pips). Usually equivalent to $0.0001 for US dollar-related pairs. So for example if the EUR/USD goes from 1.4000 to 1.4015 that is a bullish change of 15 pips.

Join the Discussion!

  1. brave
    June 20, 2010 at 22:23Reply

    can you tell me where USD/HUF pip?

Leave a Reply

Your email address will not be published. Required fields are marked *