Evaluation of currency in international exchange

Currency rates change all the time, and this is often a slight change that goes unnoticed by many.It changes slightly to speak little difference in the amounts of material meager, but make a big difference with large sums of money.So the speculators are keen to monitor the smallest change in exchange rates for use in the trading and profitability.That is why the exchange rate surveillance even part of the ten thousand part for the euro and the pound and the franc and most other currencies, and monitor even a fraction of cent per cent for the JPY.Not confused the issue is easier than you think ..!!What does that mean?Means that the price of the euro against the dollar will be: EUR / USD = .9892Any 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 will be: USD / CHF = 1.4232Any four-digit after the decimal point (part of the ten thousand part).As for the yen shall be: USD / JPY = 125.26That is, until two digits after the decimal point (part of a hundred percent).The slightest change can occur in the price of the pound and the euro and the franc is 0.0001The smallest change can occur in the price of the yen is 0.01Called less part that can happen to the exchange rate point POINT OR PIP.For example: If the price of the euro against the dollar EUR / USD = .9825Then become: EUR / USD = .9826 .0001 ClimateWe say that the euro has risen one point against the dollar, one pip.If the price of the euro against the dollar EUR / USD = .9825Then become: EUR / USD = .9824We say that the euro dropped one point against the dollar.As well as for fairyIf the price of the pound against the dollar, GBP / USD = 1.5253Then became the GBP / USD = 1.5254 0.0001 ChangeWe say that the pound rose one point against the dollar.If the price of the pound GBP / USD = 1.5252We say that the pound had dropped one point against the dollar.As well as for the Swiss franc, noting that the franc and the yen two currencies Germbachertin The high number means the reduction are before them, and vice versa.If the price of the dollar against the franc, USD / CHF = 1.4236Then become: USD / CHF = 1.4235 0.0001 ChangeSay that the franc has risen one point against the dollar.If you become: USD / CHF = 1.4237Say that the franc has dropped one point against the dollar.As for the yenIf the price of the dollar against the yen, USD / JPY = 120.50Then became the USD / JPY = 120.51 Change 0.01We say that the yen has dropped a point against the dollar.But if he became the USD / JPY = 120.49We say that the yen has risen against the dollar point.