The pip refers to the smallest amount a currency can increase.

Pip basically means the same thing as "tick" does in the futures market.

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Tue Oct 07 2008

Tue Oct 07 2008

Home >> Investor Resources >> Forex >> Pip

Pip

What does "pip" mean?

The pip refers to the smallest amount a currency can increase.

Pip basically means the same thing as "tick" does in the futures market.

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