What drives the Forex market ?
Market is simply moving with the market ...
1 - News of the economic news, the so-called economic indicators.
2 - News of the changes taking place in interest rates in the currency.
3 - changes in the international capital markets and equity markets, gold, silver and oil prices, etc. ..
4 - the decisions of central banks on the currency.
5 - inflation and the strength or weakness of the economy of the country's currency.
5 - the important political news.
Market is simply moving with the market ...
1 - News of the economic news, the so-called economic indicators.
2 - News of the changes taking place in interest rates in the currency.
3 - changes in the international capital markets and equity markets, gold, silver and oil prices, etc. ..
4 - the decisions of central banks on the currency.
5 - inflation and the strength or weakness of the economy of the country's currency.
5 - the important political news.
Another question here ..
How to use these changes in the market and make profit of them for us ?
Simply by the foreign exchange market to buy or sell currencies based on the introduction of market orders to the dock that is your business idea in the trade exchange is to be replaced by another currency based on the expectation that changes in price and the purchase will increase the currency value compared to the one sold.
We buy the currency in which the country's economy and stronger political and economic news was better.
And sell the currency in which the economy is weak and poor country economic and political news was bad.
Of course, the currency of each country affected by the news or news of the country with the relationship and interdependence with them.
Now do not go into much detail to explain that for a detailed explanation of that will come later
All we want now to be explained to you a quick idea on how Forex works.
We hope so.
