- Politics, like during the presidential election had a very basic influence on changes in currency values, then. All things important politics will have any effect on the currency.
- Natural disasters, such as hurricanes, earthquakes, tsunamis or even have the ability to consume a lot of resources of the state. Therefore, Forex traders should know the news of this type of natural disaster. Examples are like some time ago, the Japanese tsunami, the Yen will weaken.
- Tragic event like a political leader was killed may affect the currency of the country where the event occurs and can also affect currencies in the surrounding countries, for example, the assassination of Benazir Bhutto in Pakistan.
- Financial information, such as fears of a recession in the US may push the US dollar even lower than that at the time. (In Forex Trading, the fact that the falling dollar is not considered as a negative, as long as traders take advantage of the fall when it makes trade for the highest price, higher than the value of currencies around the world).
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Sunday, June 21, 2015
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