currency prices. 6. Speculation: Speculation is another factor that can influence currency market trends. Traders often buy and sell currencies based on their expectations of future price movements. ...
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profits, but it also increases the risk of losses. 4. Pips: A pip is the smallest unit of movement in a currency pair. Most currency pairs are quoted to four decimal places, so a one pip move is equa...
and stability of a currency. 2. Economic Data: Economic indicators such as GDP growth, inflation rate, interest rates, and unemployment rate can have a significant impact on currency values. Monitori...