What factors affect the Forex market?

[hamidd2007]

There are several factors that affect the currency exchange rates in the forex trading market, such as political and economic stability and monetary policy of States.

However, since Forex is directly traded, it is speculation that mainly affects price changes in the market.

If traders expect that, for some reason or event, a particular currency will strengthen or weaken, they will trade and change the price in the market, because the supply and demand for the currency in question will change within the market.

The greater the number of people who expect the currency movement towards a certain direction increasing influence on prices in the market.

 

[nnn123nnn]

hello Hamid, I think the banks have a lot more influence to the prices of cross rates. I think