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Definition
A decline in price of a currency due to economic changes.
Depreciation
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Related Terms
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The pound was under the spotlight during the morning London session. And unfortunately for pound bulls, the pound got a bearish kick after the BOE failed to provide any hawkish surprises.
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Top Market Movers of the Week (Oct. 30-Nov. 3, 2017)
Despite a ton of reports and events, directional movement wasn’t really very strong this week. Still, it’s worth mentioning that NZD came out on top while GBP was at the bottom of the forex heap.
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Global Inflation Snapshot: Part I
Let’s take a look at the major economies’ inflation data to see if their central banks have good reason to be hawkish or dovish these days.
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