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Purchasing power parity: definition, formula and uses

Purchasing power parity (PPP) measures the cost of identical goods in different countries. It’s often compared against the exchange rate of different currencies to determine the real purchasing power of different countries’ currencies. Traders and economists use PPP to help gauge a currency’s value in relation to another.

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June 9, 2023 01:44 PM

GBP/USD: Brexit, Burgers and Big Generational Support Levels

Unless you’ve been living under a rock, you know that GBP/USD has been in freefall over the last several weeks amidst fears of a potential […]

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