Forex EBook Store Team

In the Forex market, a pip (short for “percentage in point” or “price interest point”) is the smallest unit of price movement for a currency pair. It represents a standard measure of the change in value between two currencies. For most currency pairs, a pip is equivalent to a movement in the fourth decimal place … Read more

In the Forex market, currency pairs are the foundation of all trading activities. A currency pair is a quotation of two different currencies, with the value of one currency being quoted against the other. The first currency in the pair is known as the base currency, while the second is the quote currency. This relationship … Read more

The foreign exchange market, commonly known as Forex or FX, is the global marketplace for trading national currencies. The unique aspect of Forex is that it has no central marketplace; instead, currency trading is conducted electronically over-the-counter (OTC), which means that all transactions occur through computer networks among traders worldwide. The Forex market is the … Read more