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?
Between the years 1860 and 1913, the number of foreign banks operating in London increased from 3 to 71.
Word of the day
"Blow Up the Account" - Slang term for losing all capital in a trading account.
pip value in quote currency = pip in decimal places X trade size