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Memphis,TN
Posts: 232 since Sep 2010
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Good Afternoon,
just have a quick question , in calculating out the correct PnL for the USD/JPY
I understand how to do this for Pairs such as the EUR/USD, NZD.USD, CAD/USD, etc..
I guess you could say that it's just the JPY pairs that are throwing me off
I attached a screen shot showing the Price change in the EUR/USD and in the USD/JPY from today's close ( 7-7-2015 )
Here is my way of calculating out the PnL .... input and help please 
EUR/USD ...... 0.0041 x $125,000 = $512.50
GBP/USD ...... 0.0141 x $62,500 = $881.25
USD/JPY ...... 14.00 x $125,000 = $218.75 ?????
Thanks much
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