Home › Questions › What do pips indicates in...
Generally the fourth decimal in a currency pair quotation, e.g. in EUR/USD 1.2478 the figure 8 is equal to 8 pips. In some 'high' currency the pip is related to the 2nd decimal. Eg. in USD/JPY 120.26 figure 6 equals 6 pips
You must sign in to view your friends.