Day: August 8, 2010

Purchasing Power Parity (PPP) in Forex Trading

I’ve received a rather strange spam message today from some crazy folks, explaining how messed up the global financial system (and Forex market in particular) currently is. Although it’s a mix of the laughable arguments and the paranoid conclusions of some conspiracy theory nuts, it caught my attention because one of the arguments used was the Purchasing Power Parity (PPP) between US and EU (not Eurozone but European Union for some […]