surplus (more exports than imports) can lead to an appreciation in the country's currency, as foreign demand for goods and services increases. Conversely, a trade deficit (more imports than exports) c...
policies: Central banks play a crucial role in shaping a country's monetary policy and interest rates, which can affect its currency value. Traders pay close attention to central bank statements and d...
decisions about their trading positions. 5. Risk Management: Economic calendars help traders manage their risk by providing information on upcoming market-moving events. By being aware of potential m...
they start trading. This includes knowledge of technical and fundamental analysis, risk management, and trading strategies. Traders should also be aware of the risks involved in Forex trading, such as...
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2024-08-28 15:38:51