There can be many factors that can be considered that influence the forex market which can be the reason for such volatility in the market.
1. Inflation rates: Change in the inflation rate leads to a change in the currency exchange rates.
If the price of the goods and services increases at a very low pace then the value of the currency of that country increases.
And if the price of the goods and the services increases then that leads to the lowering of the value of the currency which also comes along with higher interest rates.
P.S: If you're fed up with slow trade executions, then buckle up as AssetsFX is currently offering lightning-fast trade executions along with an ultra-wide range of trading opportunities!
2. Political stability: The countries with more political stability tend to attract more foriegn investors which will increase the capital and lead to the increase in the value of the domestic currency of the country.
3. Recession: When a country faces this recession phase, interest rate is likely to fall which decreases the chances of foriegn capital investment, making the currency weak.
4. Global Events: Any geo-political event or impending elections or crisis can affect the value of the currency.
Thanks for Reading!
Please visit our sponsors
Results 1 to 3 of 3
-
23-08-2022, 01:11 PM #1
- Join Date
- Feb 2020
- Location
- Khulna,Bangladesh
- Posts
- 360
- Feedback Score
- 0
- Thanks
- 0
- Thanked 0 Times in 0 Posts
What influences the Forex market?
Trade With A Lightning Fast Platform - AssetsFX
-
Sponsored Links
-
17-11-2022, 05:03 AM #2
Forex trading is not an easy and instant business, because everything requires process and time, that's why I continue to do learning and training at the Tickmill broker, by always following the education that has been given, it can make me understand more and trade better.
-
05-12-2022, 03:02 AM #3
- Join Date
- Jul 2011
- Location
- www.ArmadaMarkets.com
- Posts
- 4,148
- Feedback Score
- 0
- Thanks
- 0
- Thanked 2 Times in 2 Posts
Exactly, this forex trading business is not an easy and instant business. Everything must be well studied and understood, so that later you can get more understanding and knowledge, so that later traders will be better prepared to trade on real accounts with Tickmill brokers.
-
Sponsored Links
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
24 Hour Gold
Advertising
- Over 20.000 UNIQUE Daily!
- Get Maximum Exposure For Your Site!
- Get QUALITY Converting Traffic!
- Advertise Here Today!
Out Of Billions Of Website's Online.
Members Are Online From.
- Get Maximum Exposure For Your Site!
- Get QUALITY Converting Traffic!
- Advertise Here Today!
Out Of Billions Of Website's Online.
Members Are Online From.