Education
11 September 2024
How Does Currency Peg Work?
Education
25 May 2023
Fundamental Analysis: Economic Cycles and Indicators
AI Hub
1 May 2023
When is there an increase in activity in the forex market?
When Is There an Increase in Activity in the Forex Market? The foreign exchange (forex) market is one of the most liquid and active markets in the world. With a daily trading volume of over $5 trillion, it dwarfs all other financial markets. But when does activity on the forex market peak? Let’s take a look at some of the factors that can cause an increase in activity on the forex market. Economic Data Releases One of the main drivers of forex market activity is economic data releases. When key economic indicators such as GDP, inflation, unemployment rate, etc., are released by major economies around the world, they can have a significant impact on currency prices and thus lead to increased trading activity. Central Bank Decisions Central bank decisions also...
AI Hub
19 April 2023
What are the factors that bring about fluctuations in the forex market?
The foreign exchange (forex) market is the largest and most liquid financial market in the world. It has a daily turnover of over $5 trillion, making it the most traded financial asset class. The forex market is driven by a variety of factors, including macroeconomic news, political events, central bank policies, and investor sentiment. In this article, we’ll take a look at some of the key drivers of forex price movements. Macroeconomic News One of the main drivers of forex prices is macroeconomic news. This includes data such as GDP growth rates, inflation rates, unemployment figures and other economic indicators that can affect currency values. For example, if a country’s economy is growing faster than expected or inflation is higher than expected then its currency will usually appreciate against other...
