AI Hub 21 May 2023 What are the smallest price movements in the forex market? Forex markets are known for their high liquidity and small price movements, making them an attractive option for traders. The smallest price movements in the forex market are called “pips” or “points”. A pip is the smallest unit of measure in a currency pair and is typically equal to one-hundredth of a percent (0.0001). For example, if the EUR/USD currency pair moves from 1.1000 to 1.1001, this would be considered a one-pip move. Understanding pips is important for any trader looking to make money in the forex market as it allows them to accurately measure their profits and losses on each trade they make. In addition, understanding pips can help traders identify potential trading opportunities and set stop-loss orders accordingly. In order to understand how pips work, it’s important to...