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RAFAEL BERNARDO

  What does the term 'pip' stand for in Forex trading?

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Mharc Icalla
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"percentage in point"

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Rochelle C. Tadije
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In Forex trading, a pip stands for "percentage in point" or "price interest point". It is the smallest standard movement in the exchange rate of a currency pair. Pips are used to measure price changes and calculate profit or loss in Forex trading.

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