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Forex Glossary Index: A | B | C | D | E | F | G | H | I | K | L | M | N | O | P | Q | R | S | T | U | V | W | Y PipsPip is the smallest price unit of a currency in forex (fx) trading, for example, 0.0001 US dollar or 0.01 Japanese Yen. Also called points.
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