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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
It's no secret that in the world of trading, the most difficult thing is realization. Everyone can expect to be a successful trader, a trader who wins a lot of money, to a millionaire trader. But all this could be a dream if they didn't try to chase it.
Foreign exchange has been developed and turned into something big in all of society. Not just office employees, but also students, kids in school, housewives, and even the unemployed.
Pip or price interest point or percentage in point is a measurement tool associated with the smallest price movement any exchange rate makes. Usually, there is four decimal places used to quote currencies.
Worries about how the European Central Bank will react also undermined sentiment after Germany's Bundesbank chairman Joachim Nagel lashed out at the ECB's plans to try and protect heavily indebted countries from sharp increases in lending rates.