oussama94
05-28-2017, 00:01
A number of economic indicators affect currency prices, ranging from unemployment
to Gross Domestic Product (GDP) to retail sales data. One of th e most influential
indicators is interest rates. A change in interest rates in one country can have an impact
on many other exchange rates at the same time. For example, whe n the Federal
Reserve Bank (Fed) of the United States announces a change in the interest rate at
which it loans to banks, this influences the value of the US dol lar, which is involved
in nearly 90% of all forex transactions.
to Gross Domestic Product (GDP) to retail sales data. One of th e most influential
indicators is interest rates. A change in interest rates in one country can have an impact
on many other exchange rates at the same time. For example, whe n the Federal
Reserve Bank (Fed) of the United States announces a change in the interest rate at
which it loans to banks, this influences the value of the US dol lar, which is involved
in nearly 90% of all forex transactions.