Suppose that you offer the EUR/USD at 1.4022. In the event that the EUR/USD falls, that implies the euro is getting weaker and the U.S. dollar is getting more grounded. You may have likewise seen the cited cost has four spots to one side of the decimal. Currencies are cited in pips. A pip is a unit you include benefit or misfortune. Most currency pairs, aside from Japanese yen pairs, are cited to four decimal spots. This fourth spot after the decimal point is ordinarily what traders watch to tally "pips".