“The term used in currency market to represent the smallest incremental move an exchange rate can make. Depending on context, normally one basis point (0.0001 in the case of EURu002FUSD, GBDu002FUSD, USDu002FCHF and .01 in the case of USDu002FJPY).”
“The term used in currency market to represent the smallest incremental move an exchange rate can make. Depending on context, normally one basis point (0.0001 in the case of EURu002FUSD, GBDu002FUSD, USDu002FCHF and .01 in the case of USDu002FJPY).”