Determinants of the currency values

[FXOpen Trader]

Supply and demand of the currencies is the main determinant of the currency value which is dependent on various factors like inflations, political stability and economic health of the country. To make better trading choices, one should have a keen knowledge about such factors.

I have seen many times that when the Supply and the Demand zones are met then the movements of the prices are very Fast.

 

[skihav]

Supply and demand of the currencies is the main determinant of the currency value which is dependent on various factors like inflations, political stability and economic health of the country. To make better trading choices, one should have a keen knowledge about such factors.

Right! The value of currency depends on demand and supply of the currency. But it also depends on the selling and the purchase of currency as a commodity. This is affected by the amount of currency that is bought. When many traders buy the currency its value also increases and when many traders sell the currency value drops.

 

[Faal]

which currency is more appropriate for your it depends on your trading condition and having planing.

 

[FXOpen Trader]

which currency is more appropriate for your it depends on your trading condition and having planing.

I am making use of the EURUSD in doing my trading in the Forex markets.

 

[maxlvg]

Generally, forex currency values are determined by market supply and demand of the currency pairs. In addition to this, economic releases by governments or organisations and statements by influential people are active determinants of the market currency values.

 

[FXOpen Trader]

Market always volatile and should care about the prices of different currencies.

Forex trading will give us the profits when we will do our trading according to a trading based plan.

 

[Gito Dinev]

Forex will remain ever challenging if you don’t try to learn something. I always say traders to transform all mistakes into a lesson. As Forex is the largest currency trading market, Traders’ expectation remains high. But I always recommend them to lower their expectation.

 

[LouBega88]

Without pure trading signal, traders shouldn’t take much risk because it leads to balance crashes and a threat to survival. So, traders should go ahead slowly so they can stay in the market for a long time and generate proper ideas over the market.

 

[Nayek Pichai]

There are millions of traders around the globe who are trading Forex as a part time trader. The profit ratio of part time traders are lesser than that of full time traders. However, they have taken Forex as their side business.