Actually, it's just another term for"pip."

It is an another term for Pip. Point refers to the smallest change in the quotation.

A basis point is the smallest measure used in quoting yields on fixed income products. You will also hear basis points mentioned when the financial media releases reports on interest rates. The important thing to understand is that one basis point is equal to one one-hundredth of one percentage point (0.01%). Therefore, 100 basis points would be equivalent to one full percent.

A basis point is 1/100th of a percentage point - .01%. So when you hear there's been a 50 basis point cut, that 1/2%. Basis points are almost exclusively used in terms of interest rates.

Minimum fluctuation or smallest increment of price movement. In currencies it is often 100th part of a per cent, normally 10,000 of any spot rate. Movement of exchange rates are usually in terms of points.

Minimum fluctuation or smallest increment of price movement. In currencies it is often 100th part of a per cent, normally 10,000 of any spot rate. Movement of exchange rates are usually in terms of points.

Find definitions for key Forex trading terms along with introductions to the concepts, people and entities that impact the Forex market. Point. Minimum fluctuation or smallest increment of price movement. In currencies it is often 100th part of a per cent, normally 10,000 of any spot rate.