The market where currencies can be traded for one another is known as forex or foreign exchange. One of the markets with the most heavy trades is forex trading, which is fundamentally the practise of buying and selling currencies. What is Forex Market ? Participants in the forex market, including banks and individuals, are able […]
Influence in Forex Trading is Similar to many economies, such as Canada’s commodity-based economy, are sector-driven. The Canadian dollar is strongly linked to commodities such as crude oil and metals. A rise in oil prices would almost certainly cause the Canadian dollar to rise in value relative to other currencies. Commodity traders, like forex traders, […]
Correlated Forex Pairs Currency Pairs Correlation currency pairings with close economic links are often the most heavily connected. EUR/USD and GBP/USD, for example, are frequently positively linked due to the tight association between the euro and the British pound, including their geographic closeness and standing as two of the world’s most commonly held reserve currencies […]
Factors That Affect the Forex Market Examples of Inflationary Affect the Forex Market Forex Factors : Money supply refers to the process through which a country’s central bank raises the amount of money in circulation. A notable example of this is Zimbabwe, which created money to stimulate growth. As a result, hyperinflation rendered the local […]
How Do Interest Rates Work in Trading? The amount a lender charges a borrower called an interest rate. This expressed as a percentage of the principal, or the loaned amount. Typically, a loan’s interest rate expressed as an annual percentage rate, or APR (APR). A savings account or certificate of deposit earnings at a bank […]
An investment strategy or trading technique known as an inflation trade aims to profit. On price increases caused by inflation or inflation forecasts. What is Inflation Trade? A widespread, ongoing tendency of rising prices from one year to the next known as inflation. The rate of inflation is a crucial economic concept. Because it illustrates […]