Forex Exchange

Evaluation of currency in international exchange
Currency rates change all the time, and this is often a slight change is not noticed by many.
It changes slightly to talk to little difference in the small amounts of material, but make a big difference with the large sums of money.
So the speculators are keen to monitor the smallest change in currency rates for use in the trading and profitability.
That is why the surveillance of exchange rates even part of the ten thousand for part of the euro and the pound and the franc and most other currencies, and monitor even a fraction of a cent per cent for the JPY.
The issue does not get confused easier than you think ..!!
What does that mean?
Means that the price of the euro against the dollar is: EUR / USD = .9892
Any four-digit after the decimal point (part of the ten thousand part).
As well as for the pound sterling is: GBP / USD = 1.5264
 Any four-digit after the decimal point (part of the ten thousand part).
As well as for the Swiss Franc: USD / CHF = 1.4232
Any four-digit after the decimal point (part of the ten thousand part).
As for Lynn so: USD / JPY = 125.26
That is, until two digits after the decimal point (a hundredth part of percent).
The slightest change can occur in the price of the pound and the euro and the franc is 0.0001
The smallest change can occur in the price is 0.01 yen
Called the lower part that can happen to the currency point POINT OR PIP.
For example: If the price of the euro against the dollar EUR / USD = .9825
He then became: EUR / USD = .9826 .0001 Change
We say that the euro has risen one point against the dollar, one pip.
If the price of the euro against the dollar EUR / USD = .9825
He then became: EUR / USD = .9824
We say that the euro dropped one point against the dollar.
As well as for LE
If the price of the pound against the dollar, GBP / USD = 1.5253
Then became the GBP / USD = 1.5254 0.0001 Change
We say that the pound rose one point against the dollar.
If the price of the pound GBP / USD = 1.5252
We say that the pound has dropped one point against the dollar.
As well as for Swiss francs with the observation that the franc and the yen rise Garmbachertan number two currencies mean reduction are before them, and vice versa.
If the price of the dollar against the franc, USD / CHF = 1.4236
He then became: USD / CHF = 1.4235 0.0001 Change
Say that the franc has risen one point against the dollar.
But if it becomes: USD / CHF = 1.4237
Say that the franc has dropped one point against the dollar.
As for the yen
If the price of the dollar against the yen, USD / JPY = 120.50
Then became the USD / JPY = 120.51 Change 0.01
We say that the yen has dropped a point against the dollar.
But if he became the USD / JPY = 120.49
We say that the yen has risen a point against the dollar.
    
Determine the number of points
When you trade currencies, you buy a currency at one price and sell at another.
Since we mentioned that the price of currency change rates are fixed points, the greater the difference between the sale price and purchase price means that you sell at a higher number of points for the purchase price.
As far as what will be a significant difference between the sale price and purchase price will be the size of your loss or profit.