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PIP stands for (Price Interest Point). For calculating PIP value of selected currency pair, first One PIP in One Lot of EURUSD = 9.11 USD considering Current Rate of USD/JPY is 109.75. So the above trading gives 5 PIP x 9.11 USD = 45.55 

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An Easy To Use Pip Calculator that Calculates the Pip Value for forex trades, based on Live Prices.