What's new

What is the Forex Market? When it comes to the economy

mosakr38

New Member
What is the Forex Market?

When it comes to the economy, the bid and ask price drive market prices. This principle also applies to the foreign exchange market.
When the currency is bought, the demand for it increases, which pushes the price higher. Likewise, every time a currency is sold, the supply increases, causing the price to fall. The effect of each buying and selling process in the Forex market is directly proportional to the transaction size of each transaction.
Most of the news and economic events that happen around the world have an impact on the markets. Therefore, understanding what drives the price is your key to becoming a good Forex trader.

What are the factors affecting Forex?

The forex market that reflects the prices of currency pairs is affected by several factors:
interest rates
Inflation rates
Political and economic news
natural disasters
Gross Domestic Product (GDP)
Supply and demand for the primary instrument
You can always check the latest news from the economic calendar, which displays the most important news for the day and the week and the extent of its impact on the associated financial instrument
More about this source textSource text required for additional translation information
Send feedback
Side panels
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Thread starter Similar threads Forum Replies Date
R How do the banks and market makers move the forex price? Forex Education 0
R Best Broker in forex market Forex Education 0
D fx systemssystems and rules to help in the forex market send inbox for help Trading Systems and Strategies 0
M General Who trades in the forex market? Forex Education 0
R Scam broker are disgrace of Forex market Forex Education 1
C Traders do mistakes in forex market General Discussions 4
C Scalping in forex market Forex Education 1
C Leverage in forex market General Discussions 2
C Forex market trading software and course help Trading Systems and Strategies 0
C New trader In forex market Trading Systems and Strategies 0
N Suggestion We has forex traders and stock market traders should have more forums like this to discuss the markets and share knowledge and exchange information Complaints and Suggestions 0
G Tutorial Types of Traders in the Forex Market Forex Education 0
C forex brokers in the market General Discussions 0
C News trading in forex market General Discussions 0
M General Live Trading market (Forex) Forex Education 0
M General Live trading market (Forex) Trading Systems and Strategies 0
L 3 Types of Forex Market Analysis Other Topics 0
sulemanocta Market Profile In Forex Trading Systems and Strategies 0
DANDY FX Forex market place is a please from where we can get maximal result , just we the traders have to acquire most powerful analyzing trade knowledge by l General Discussions 0
O Idolized Forex Traders In The Forex Market Other Topics 0
A Unlike stock markets, which can trace their roots back centuries, the forex market as we understand it today is a truly new market. Of course, in its Trading Systems and Strategies 0
pasdwqca Trading Hours in the Forex Market Trading Systems and Strategies 1
T Will spoofing happen in the forex market? General Discussions 0
E Market maker guide - forex Forex Education 1
Marinosa Why Forex is the Best Market to Trade Forex Education 5
T Indicator 97.90 indicator forex , really hot market indicator Forex Indicators and Tools 8
L The ideal trading size for forex market Forex Education 1
B Non Farm Payroll: why is it considered as the biggest event on Forex market ? General Discussions 6
B Forex Arcanum - indicator of market behavior analysis Forex Indicators and Tools 0
F FOREX MARKET SESSION INDICATOR MT4 TOOL FOR TRADING Forex Indicators and Tools 0
M 5 INTERESTING FACTS ABOUT THE FOREX MARKET General Discussions 0
M 5 INTERESTING FACTS ABOUT THE FOREX MARKET General Discussions 1
K General Hi anybody have best manual stratergy to trade in forex market ? Trading Systems and Strategies 5
skrimon Suggestion 8 Basic Forex Market Concepts That Every Trader Should Know in 2020 General Discussions 3
A General Want to Learn ho to trade the forex market Trading Systems and Strategies 0
P Strategy Wining forex market is not related to prediction of trends, but rather risk management and risk-taking readiness. Trading Systems and Strategies 0
D How can you beat the forex market General Discussions 5
D Here how to tade the nasdaq forex market Forex Education 0
J 3 Types of Forex Market Analysis Forex Education 4
E Forex Market is Liquid General Discussions 3
H Top Trading strategies for the Forex Market? Trading Systems and Strategies 1
E Forex market is the biggest General Discussions 0
L The Forex market is extremely Ctrader 0
Juxtman Suggestion 8 Basic Forex Market Concepts Forex Education 0
E Forex market is the biggest General Discussions 3
E General Forex Neophytes in the foreign market General Discussions 0
A First of all, Trading in forex is not a game. If you want to be a trader in forex market General Discussions 1
R Suggestion Forex Arcanum – Market Behavior Analysis MetaTrader 2
H The most popular currency pairs on the Forex market Forex Education 4
H Top 3 strategies for working on the Forex market ⠀ Forex Education 3
Similar threads


















































Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock