Cost of one pips in US Dollars?

Hi All!

Please let me know how to calculate a cost of one pips in US Dollars for EURJPY or GBPCHF currencies?

Best regards!

 

This will get the job done easily:

http://www.oanda.com/products/fxmath/profit.shtml

Enter 100,000 under "Units" for 1 lot or 10,000 for 1 mini-lot.

 

Thank You!

 

Based on 100,000 units (10,000 units is 10%, and so on) -

EUR/JPY = $8.9182 per pip (value).
GBP/CHF = $7.7797 per pip (value).

On the OANDA trading platform (demo) under Tools > PIP / Profit Calculator. Makes it easy.

be aware that, with that broker, you can calc out pip value (and trade) based on any size unit amount, even down to 1 unit. :eek:

best,

s