In the financial market, point is a technical term, which means the smallest unit of price change. It represents the fourth place after the decimal point of the currency pair. For example, if the exchange rate of the euro against the US dollar rises from 20 12 to 20 13, the price will rise by one point. Points are usually used to measure currency fluctuations and price changes.

In the stock market, the concept of point is also very important. Points are used to describe changes in stock prices. Usually, a point represents the share price of one dollar. Therefore, if the price of a stock rises from $50 to $565,438+0, then the price of the stock rises a little. Due to the volatility of the stock market, points usually become very important.

In addition to the stock and foreign exchange markets, stocks are also widely used in futures and commodity trading. In these markets, the definition of points depends on the exchange and the goods traded. For example, in gold futures trading, a point represents 10 cents. In oil futures trading, a point represents the change of $0.065438 +0. Therefore, it is very important to understand the significance of the points in each market and commodity, which helps traders to measure the volatility and risk of prices more accurately.