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How does forex market manipulation works?
Forex market manipulation involves trying to influence other traders' behavior to gain an advantage and potentially cause losses for others. Manipulators seek to control market prices, particularly in currency pairs, by pushing prices in their favor while leaving other traders with losing positions.
Continue Reading at Forex Manipulation Strategy: All You Need to Know
What are the most influential commodities to the forex market?
The major global commodities that have the most influence on currency exchange rates and serve as important indicators in Intermarket analysis are gold and crude oil.
Continue Reading at All You Need to Know About Intermarket Analysis
How to read PMI data for forex analysis?
PMI comes on a scale of 100, with a median of 50. Any number under 50 means the economy is in contraction, while over 50 suggests business expansion. A decrease could be read as an economic decline during the period, while an increase shows ongoing recovery.
Continue Reading at Guide to PMI Data in Forex Analysis
What is an example of interest rate change in forex?
Let's use EUR/JPY. Say the BoJ (Bank of Japan) rate is 0.1% and ECB (European Central Bank) is around 0.5%. If BoJ increased interest rates to 0.5%, then their rates will be the same as ECB. However, these changes will entice investors to move their assets to Yen, because they want to get some profit from the changes. Such movement will cause the rise of demand on Yen so that its exchange rates against Euro will rise too.
On the contrary, if BoJ lowers their interest rates to 0.05%, investors will sell their Yens and move their investment into other kinds of assets like bonds, property, or another currency with higher interest, Yen's exchange rates will decrease.
Continue Reading at Central Bank Policies That Affect the Forex Market
