Inflation is the increase in prices of goods and services in a given time period and is one of the many factors that influence a currency's exchange rate in relation to other currencies. This increase, or decrease, provides insights into the direction of the forex market. It is also a key factor used by the central banks in determining interest rates, so changes on the inflation rate can have a major impact on the financial markets.

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forex-trading-books-jim-brownAuthor Jim Brown, a self-taught forex trader, shares his knowledge of currency trading in this three-part book series that consistently ranks on Amazon's Best Sellers list. Those who are just starting out will be able to learn everything about forex trading starting with the basics, while intermediate and advanced traders will get valuable insights into his trading systems and custom indicators when trading off MetaTrader and TradingView platforms.

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