Today, LTG GOLDROCK will share with you the main factor affecting the exchange rate ~
The political situation.The changes in international and domestic political situation have a great impact on the exchange rate.If the situation is stable, the exchange rate is stable; if the situation is turbulent, the exchange rate will fluctuate violently.The aspects of attention here include international relations, political struggles, the situation of important government officials, turmoil, and riot.
Economic Situation.The comprehensive effects of the economy of one country are the most direct and main factor affecting the exchange rate of the local currency. It mainly considers the country's economic growth level, international revenue and expenditure status, inflation level, and interest rate level.
Military dynamics.War, local conflict, confrontation, etc. will cause insecurity in a certain country or region, and the exchange rate of relevant countries or regions and disadvantaged currencies will also have a negative impact.The exchange rate is beneficial.
Government and central bank macro policies.Government's fiscal policy, foreign exchange policy, and the central bank's monetary policy play a very important role in exchange rates, sometimes even decisive.For example, a government government announced the depreciation or appreciation of the local currency, the interest rate of the central bank, and market intervention.
Market psychology.The psychological expectations of foreign exchange market participants seriously affect the direction of exchange rates.For the appreciation or depreciation of a certain currency, the market often forms its own views. When the market psychology has reached a certain consensus, the exchange rate will be changed within a certain period of time. At this timeDisclosure or the central bank's intervention invalid.
Specifications.With the acceleration of the process of financial globalization, the scale of international tourism in the foreign exchange market is increasing. Some international tourists are controlled by certain investment institutions. Because their transactions are hugeThe trend has a profound impact.For example, quantum funds sniper pounds and baht, the exchange rate has fallen sharply in a short period of time.
Emergencies.Some major emergencies will also affect market psychology, which will cause exchange rates to change, causing the degree of result to affect the long -term changes of exchange rates.For example, the "September 11" incident in the United States devalued the US dollar in the short term.
