Factors That Influence the Forex Market

November 16, 2019
0 Comments
The Canadian forex market attracts buyers and sellers from various parts of the globe. The currency exchange rate is an essential factor that determines the economic level of a country. This is the main reason why the exchange rates are the most analyzed, watched, and government manipulated economic measures. The exports of a country will be less expensive and its imports more expensive if its currency has a low value. The exchange rates are determined by complex factors, but experienced traders have a better understanding of how these rates and currency values can affect their returns on their investments. Rates of Inflation Inflation