Jonathan Lee
Member
The global situation significantly impacts forex markets through geopolitical events, economic policies, and crises. For example, trade wars, political instability, or pandemics can lead to increased volatility, affecting currency values. Central bank policies, such as interest rate changes or quantitative easing, also influence forex trading. Global economic data, including GDP growth, unemployment rates, and inflation, can strengthen or weaken currencies. In uncertain times, safe-haven currencies like the US dollar and Swiss franc often rise, while riskier currencies may decline, influencing traders' decisions and market trends.
