Change in in the country. With an increase in exports, the national currency strengthens, because the demand for it among foreign countries increases. And the opposite situation: if the number of import goods purchas for foreign currency increases, then the national currency weakens due to an increase in supply for it.
Level of confidence in the currency
Capital movement associat with the desire of companies and citizens to protect their savings by buying the currency of another state.
Catastrophes, natural disasters,
The largest number of trading operations on the international Forex currency market are speculative trading, while real commercial transactions are represent in several times smaller quantities.
This leads to the fact that the main market fluctuations within one or several days depend primarily on the activity of traders. The expectations of market players and their reaction to changes in the trend are the main factors affecting exchange rates in the short term.
The largest Forex players (market makers) are capable of exerting the most significant influence on quotes.
Entering the market
they influence it in wide and special database narrow time frames. These can be central or large commercial banks, transnational companies, the largest traders.
When they come into imports and exports play, the market responds to this and these moments ne to be learn to notice. Large players always have more information, their actions can suggest the ne to adjust the forecast and their strategy.
What is FOREX ? « Foreign exchange » in Russian!
In international English, when the word “Forex” is mention, it refers to the mutual interbank exchange of currencies, and not to the international currency market as a whole.
In our country, this term has
Become firmly imports and exports establish for speculative trading on the currency market. The Internet is full of different interpretations and frankly incorrect information regarding the Forex currency market.
The following chapters will afb directory cover lead nurturing process adobe stock the basic concepts using only the correct terminology and some slang phrases that will always be understood in a professional environment.
