Trader's Glossary

Inflation

An economic condition that sees a reduction in the purchasing power of a currency. Inflation is defined by a prolonged and widespread increase in the prices for goods and services.
Did you know?

U.S. President Richard Nixon is credited with enabling a free-floating currency system after ending the Bretton Woods Accord.

Word of the day
"Coincident Indicator" - An economic indicator that shows the current state of the economy of a particular area. The GDP, for example, is one of the most significant coincident indicators.
Pro Tip

Be wary of promises and bonuses. If something sounds too good to be true, then it most probably is.

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