Forex rates, also known as foreign exchange rates, determine the value of one currency in relation to another. These rates are influenced by a complex mix of economic, political, and psychological factors. Understanding what drives forex rates is essential for traders and investors who aim to make informed decisions in [...]

In forex trading, understanding the forex rate—the price at which one currency can be exchanged for another—is crucial for making profitable trades. Exchange rates fluctuate continuously, driven by various economic, political, and market factors that shape supply and demand for different currencies. For traders, staying aware of these influences provides [...]