Currency pairs are formed with Base and Quoted currencies. The first three letters are the base currency and the last three are the quoted currency. For example EURUSD, EUR is the base, and USD is the quoted currency.
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For currency pairs that are USD quoted, 1 PIP is the movement of the currency pair in either direction by .0001
Currency pairs are formed with Base and Quoted currencies. The first three letters are the base currency and the last three are the quoted currency. For example EURUSD, EUR is the base, and USD is the quoted currency.
​
For currency pairs that are USD quoted, 1 PIP is the movement of the currency pair in either direction by .0001
Currency pairs are formed with Base and Quoted currencies. The first three letters are the base currency and the last three are the quoted currency. For example EURUSD, EUR is the base, and USD is the quoted currency.
​
For currency pairs that are USD quoted, 1 PIP is the movement of the currency pair in either direction by .0001
Currency pairs are formed with Base and Quoted currencies. The first three letters are the base currency and the last three are the quoted currency. For example EURUSD, EUR is the base, and USD is the quoted currency.
​
For currency pairs that are USD quoted, 1 PIP is the movement of the currency pair in either direction by .0001
Forex and Futures Trading
Quotes for currency pairs
The following are the quotes for the seven major currency pairs.
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Quotes are not sourced from all markets and may be delayed up to 20 minutes. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice.Disclaimer
If USD is the quoted currency
Currency pairs are formed with Base and Quoted currencies. The first three letters are the base currency and the last three are the quoted currency. For example EURUSD, EUR is the base, and USD is the quoted currency. Some of the currency pairs that are quoted in USD: EURUSD, GBPUSD, AUDUSD, NZDUSD
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For currency pairs that are USD quoted, 1 PIP is the movement of the currency pair in either direction by .0001. If EURUSD moved from 1.1297 to 1.1298, then it is called a 1 PIP movement.
The smallest lot size allowed to trade is a mico lot. The lot size is 1000 for a micro lot. One PIP costs $.01 or 1 cent in a mico lot. When trading using normal lot sizes of 100,000, one PIP will cost $10.00.
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