How much does it need to move 1 pip?

Hello everyone,

I have a simple question, hope this is the right place to post it: Does anybody know how much money do you need to move 1 pip in either direction, lets say on EUR/USD. 10-15 mln EUR, more/less?

Thanks in advance and happy pips.

Depends on liquidity

You need to buy enough lots at or below your target price in order to move the price one pip. You can usually tell based on level II trading windows. Level II Trading shows how many lots of a particular currency will be bought at a specific price.