[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"market-strip-rates":3,"glossary-term:pip":35,"glossary-all":51},[4,12,19,27],{"code":5,"label":6,"bid":7,"ask":8,"day_low":9,"day_high":10,"precision":11},"EURUSD","EUR\u002FUSD",1.08421,1.08434,1.0812,1.0921,5,{"code":13,"label":14,"bid":15,"ask":16,"day_low":17,"day_high":18,"precision":11},"GBPUSD","GBP\u002FUSD",1.27142,1.27158,1.2668,1.2784,{"code":20,"label":21,"bid":22,"ask":23,"day_low":24,"day_high":25,"precision":26},"USDJPY","USD\u002FJPY",155.182,155.201,154.61,155.74,3,{"code":28,"label":29,"bid":30,"ask":31,"day_low":32,"day_high":33,"precision":34},"XAUUSD","XAU\u002FUSD",2380.42,2380.88,2361.1,2394.6,2,{"slug":36,"category":37,"title":38,"body":39,"meta_desc":40,"related":41},"pip","fundamentals","Pip","A pip (short for \"percentage in point\") is the smallest standard price movement in a currency pair — typically the fourth decimal place (0.0001) for most pairs, and the second decimal place (0.01) for pairs involving the Japanese yen. It's the standard unit traders use to measure price changes, gains, and losses.\n\nFor example, if EUR\u002FUSD moves from 1.0850 to 1.0855, that's a 5-pip move. Many brokers also quote fractional \"pipettes\" (a tenth of a pip) for extra pricing precision.","The smallest standard price movement in a currency pair — usually the fourth decimal place — used to measure gains and losses.",[42,45,48],{"slug":43,"title":44},"spread","Spread",{"slug":46,"title":47},"lot","Lot",{"slug":49,"title":50},"bid-ask","Bid\u002FAsk",[52,53,54,57,60,61,62,66,70,73,76,79,82,85,88,92,95,98,101],{"slug":36,"category":37,"title":38},{"slug":43,"category":37,"title":44},{"slug":55,"category":37,"title":56},"leverage","Leverage",{"slug":58,"category":37,"title":59},"margin","Margin",{"slug":46,"category":37,"title":47},{"slug":49,"category":37,"title":50},{"slug":63,"category":64,"title":65},"slippage","trade-mechanics","Slippage",{"slug":67,"category":68,"title":69},"stop-loss","risk-management","Stop-Loss",{"slug":71,"category":68,"title":72},"take-profit","Take-Profit",{"slug":74,"category":68,"title":75},"drawdown","Drawdown",{"slug":77,"category":68,"title":78},"margin-call","Margin Call",{"slug":80,"category":64,"title":81},"swap-rollover","Swap \u002F Rollover",{"slug":83,"category":64,"title":84},"going-long-short","Going Long \u002F Short",{"slug":86,"category":64,"title":87},"cfd","CFD (Contract for Difference)",{"slug":89,"category":90,"title":91},"ecn-vs-market-maker","brokers-regulation","ECN vs Market Maker",{"slug":93,"category":90,"title":94},"regulation","Regulation (FCA, CySEC, ASIC)",{"slug":96,"category":68,"title":97},"negative-balance-protection","Negative Balance Protection",{"slug":99,"category":68,"title":100},"position-sizing","Position Sizing",{"slug":102,"category":37,"title":103},"volatility","Volatility"]