Category Archives: Forex Glossary

As the name suggests, stagflation is a period in time when there is a combination of high inflation and economic stagnation.

All oil purchases from OPEC must be paid in U.S. dollars. If Mexico wants to buy oil, it has to sell its local currency and buy U.S. dollars, then use those dollars to buy oil from OPEC. Any country that buys oil from OPEC must do so using petrodollars. Petrodollars are also known as petrocurrency.

The difference between the Bid and Ask prices. In the quotes flow, received by the client in the trading terminal, both prices are presented. The current spread for a currency pair or an asset is an important part of liquidity of that financial instrument.

Personal Income and Spending, also known as Personal Income and Consumption, is a report generated by the Department of Commerce’s Bureau of Economic Analysis on consumer spending habits and income levels in the US.