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Inflation is an increase in the prices of goods and services in the market. Due to inflation, a soda can that used to cost 50 cents 20 years ago, costs 2 dollar today. Inflation weakens a currency’s performance. The central bank is responsible for controlling inflation through the manipulation of interest rates and the money supply.

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Monetary policy refers to the actions taken by a nation’s central bank to influence the availability and cost of money and credit to Read more

Kathy Lien

Kathy Lien is an expert in global currencies, author, and Managing Director of BK Asset Management. For retail FX traders back Read more

European Parliament

The European Parliament is the European Union’s law-making body. It is directly elected by EU voters every 5 years. It is a Read more

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