In this unit we explain the principle of supply and demand and major factors that drive the value of a currency.
Central banks oversee interest rates in a country and have a major role in deciding monetary policies.
This unit covers major economic indicators and explains how elements such as inflation & GDP affect currency pair valuations.
Put theory to practice and learn to keep updated with the market. This unit also explains how an economic calendar can be used to do fundamental analysis.
There are many factors that affect exchange rates of currencies. However some are more important in currency trading than others. These are; Interest and Inflation rates, Trade balance, Currency market speculation, Foreign investment and Central bank market intervention. Learn how to use these factors in your forex tra ...