Drivers

There's a framework of nine drivers that determine currency moves, and you must weigh how interest rates, economic growth, and inflation interact with market risk and capital flows to forecast direction; this post gives you practical tools to assess monetary policy, PMI data, price pressures, investor sentiment and cross-border flows so you can align your trades with macro momentum.Understanding the Forex Market What is Forex? Forex is the global market where you exchange one currency for another; it averages about $7.5 trillion a day in turnover and operates around the clock during the business week, so you can trade virtually…