Forex

A pip is typically the 4th decimal place (0.0001); for a standard 100,000-unit lot, one pip is worth roughly $10.

Leverage rules vary by broker and jurisdiction. Higher leverage magnifies both gains and losses, so size positions conservatively.

Peak volatility occurs during the London–New York session overlap (roughly 1:30 PM–5:30 PM IST).

Watch ECB and Fed rate decisions, plus US NFP and CPI releases, for the pair's biggest single-day moves.

Pip value follows the same 4th-decimal convention as EUR/USD, worth roughly $10 per pip on a standard lot.

Generally wider spreads and faster swings than EUR/USD, so factor extra buffer into stop-loss placement.

The London session open (around 12:30 PM IST) and the London–New York overlap drive the sharpest intraday moves.

UK CPI, Bank of England rate announcements, and GDP prints are the key scheduled catalysts to track.

Pip is typically the 2nd decimal place for JPY pairs (0.01), not the 4th, so pip-value calculations differ from EUR/USD and GBP/USD.

Sensitive to US Treasury yield moves and Bank of Japan policy or intervention risk, which can trigger sharp, fast reversals.

The Tokyo session opens first (around 5:30 AM IST); the London–New York overlap still delivers the highest volume and volatility.

Often trades as a risk-sentiment barometer, since the yen typically strengthens during broad risk-off moves.

Typically quoted with a point value per 0.01 move. Contract and lot sizing vary by broker, so confirm both before sizing positions.

Leverage on gold CFDs/spot is usually lower than major FX pairs due to higher volatility. Check your broker’s specific margin rules before trading.

Most active during the London–New York overlap, and around major US data releases (CPI, Fed decisions, NFP).

Tends to move inversely with real yields and the US dollar index (DXY), so track both alongside gold.