A nanolot is 1/10 the size of a standard lot. One nanolot would be 100 units of the quote currency ($100 for xxxUSD pairs).
For nanolots of xxxUSD pairs, a one pip move is worth $0.01 (1 cent).
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Articles in Forex Traders Glossary
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There are 97 articles in Forex Traders Glossary.
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G (cont.)
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R (cont.)
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