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gdp

/Tag: gdp

What is inflation? How it influences the currency rates?

Inflation is the sustained rise in prices in an economy over a period. Say, you had stuffed a $1 bill somewhere when you were a child and accidentally you come across it now. Can you buy what you desired at that young age now with the same $1 bill? Of course, it's not possible since the prices are not the same, then and now. It is nothing but inflation. And the same context can be interpreted in two ways. One, it is the depletion in purchasing power of the currency. Two, the increase in the price of the commodities. [...]

What is inflation? How it influences the currency rates?2019-06-29T09:41:12+04:00

GDP : What a forex trader needs to know to better the market

GDP - You might have heard politicians, business people, economists, traders and the common man (here and there) talking about it often times. If you’re confused about what it is and how it affects or say dominates, these many paradigms, you can have your answer here. What is GDP? Gross Domestic Product, as the name indicates, is the total monetary value of all the goods and services produced within the country in a certain period, usually a year or a quarter. Note: A company has its headquarters in country A, but produces its goods in country B,  then country [...]

GDP : What a forex trader needs to know to better the market2019-06-29T09:44:17+04:00