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The meaning of the word "inflation" has changed. It used to mean rising prices; now it means high prices. Why it matters: Pedants, economists, and style-guide editors might not like it, but if you want to understand what people mean when they complain about inflation, you need to understand how the vernacular has evolved over the past couple of years. The ...
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The EUR/USD managed to bounce back on Friday, following its losses in the day before. The single currency has been declining inside what could be either a short-term bear channel or a potential bull flag. It looks like we could find out which one it is in the week ahead, as we have some key inflation data coming from the both the US and Eurozone to look ...
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