BBC World News - Fed divided over interest rates
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... consideration, the pip value should be divided by the rate, otherwise it should be multiplied: OnePipValue = 14.3 CHF / 1.1659 = 12.27 USD ...
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7. Forex & CFD Basics. Forex with Alpari
... . These are derived from the difference in the interest rates of the two currencies involved in the trade. ... Because the interest rate for USD is only 3.5%, the difference in exchange rates is 1.25 or 937.5 USD per year (2.57 ...
http://www.alpari-forex.com/en/textbook/

8. Forex & CFD Basics. Forex with Alpari
... . These are derived from the difference in the interest rates of the two currencies involved in the trade. ... Because the interest rate for USD is only 3.5%, the difference in exchange rates is 1.25 or 937.5 USD per year (2.57 ...
http://www.alpari-forex.com/en/textbook/