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What does a dot in foreign exchange stand for?
The calculation of direct profit and loss depends on the currency pair of the US dollar, such as the pound against the US dollar, the euro against the US dollar, and the Australian dollar against the US dollar. The standard contract is 65,438+million contracts, and the integral value of each point is $65,438+00. That is to say, if we are standard players and the market fluctuates by one point, our profit is 10 USD. Similarly, mini contracts. As a mini-player, the market fluctuated by one point and the profit was $65,438 +0. Look again: the front is the currency pair of the US dollar. For example, the dollar against the yen. Dollar versus Swiss franc. Dollar to Canadian dollar, the point value of each currency pair is related to the current price of the currency pair. Here is a calculation formula. For example, USD versus Swiss franc and USD versus Canadian dollar, the point value of each point is equal to the contract unit of 65,438+10,000 or 65,438+10,000, and then multiplied by 0.000 1. Because the direct quotation of Swiss franc and Canadian dollar has four decimal places, it is 0. Then divide by the current purchase price. Similarly, for Japanese yen, the point value is the contract unit multiplied by 0.0 1, because the direct quotation of Japanese yen has two decimal places, so it is 0.0 1, and then divided by the price.

Tips:

1. The above contents are for reference only and do not make any suggestions;

2. Before investing, it is recommended that you first understand the risks existing in the project and have a clear understanding of the investors, investment institutions, chain activity and other information of the project, instead of blindly investing or straying into the capital market. Investment is risky, so be cautious when entering the market.

Response time: 2021-11-18. Please refer to the latest business changes announced by Ping An Bank in official website.