Forex Question..

Discussion in 'Forex' started by nooty, Oct 7, 2008.

  1. nooty


    "currencies are influenced by a broad set of factors, including central bank policy, interest rates, current account balances and other macroeconomic indicators."

    How exactly does each affect prices? What happens step by step?
  2. MTE


    It's a very broad topic, I suggest you pick a macro economics book or at least search the web for info.
  3. The only factor that affect price is BUYING and SELLING. ie. more sellers than buyers price go down.
  4. Fear & greed. When someone does something that scares you, it creates selling(Fear). When they do something positive, it creates buying (Greed) Thats all you gotta worry about fear & greed. :D