![]() ![]() A pip is sometimes called a point.Ĭurrency Pair-A quote of the relative value of one currency unit against another currency unit. For example, 3 pips are the difference between the currency quote of EUR/USD 1.2800/1.2803. Pip-A pip is the smallest unit of value in a bid-ask spread. Some call this profit a fee or commission. As financial middlemen, most will set exchange rates of their own at bid-ask spreads that return a percentage as profit for doing business. Real-world currency exchanges with brokers, banks, or businesses typically do not follow precise market rates. Theoretically, buyers want the smallest possible spreads, while sellers want the highest spreads. The forex is able to facilitate the receipt or payment of units of currency that are equal in value.īid Price-The price that a buyer is willing to pay for a unit of currency.Īsk Price-The price that a seller is willing to accept for a unit of currency.īid-Ask Spread-The difference between the bid and ask price. This market is a necessity because one unit of currency very rarely equals exactly one unit of another currency. Below is a short list of some of the important terms pertinent to foreign currency exchange.Įxchange Rate-The value of one currency expressed in terms of another.įorex-The foreign exchange market (forex) is a global, decentralized, over-the-counter market for the trading of currencies and is the largest market in the world (followed by the credit market).
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The semi-automatic and burst Sniper Rifles can have high power and recoil, or low power and recoil, allowing for follow-up shots if the first did not kill. Semi-automatic and burst Sniper Rifles are much more diverse than bolt-action. They also tend to have a higher accuracy when aiming down the sights due to its attached scope. Players tend to use sniper rifles because of convenience over long range, as most other weapons (even with high accuracy) do not have a very long range. However, these Sniper Rifles have high recoil and a low rate of fire, due to cycling the bolt between each shot. Bolt-action Sniper Rifles have high power, allowing for reliable one-shot kills. Sniper Rifles come in bolt-action and semi-automatic modes, and in rare cases burst fire. ![]() However, Sniper Rifles do not perform well at close range, as they have very low hipfire accuracy, long ADS times, and little peripheral vision prior to Call of Duty: Ghosts. 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