Why interest rates matter for Forex Trader? (Follow my page to know more http://bit.ly/2IblW9d) The biggest factor influencing the foreign-exchange market is interest rate changes made by any of the eight global central banks. These changes are an indirect response to other economic indicators observed throughout the month, and they can potentially move the market immediately and with full force. Because surprise rate changes often have the greatest impact on traders, understanding how to predict and react to these volatile moves can lead to higher profits. KEY TAKEAWAYS: > Forex markets track how different currency pairs’ exchange rates fluctuate. > One of the primary factors that influence these exchange rates are relative differences in interest rates in each country. > While interest rates can often be predicted using economic models, news and surprise announcements can have immediate effects on rates that in turn affect FX prices. #NMBO366

Why interest rates matter for Forex Trader?

(Follow my page to know more http://bit.ly/2IblW9d)

The biggest factor influencing the foreign-exchange market is interest rate changes made by any of the eight global central banks.

These changes are an indirect response to other economic indicators observed throughout the month, and they can potentially move the market immediately and with full force. Because surprise rate changes often have the greatest impact on traders, understanding how to predict and react to these volatile moves can lead to higher profits.

KEY TAKEAWAYS:

> Forex markets track how different currency pairs’ exchange rates fluctuate.

> One of the primary factors that influence these exchange rates are relative differences in interest rates in each country.

> While interest rates can often be predicted using economic models, news and surprise announcements can have immediate effects on rates that in turn affect FX prices.

#NMBO366

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