What makes forex go up and down

This is a discussion on What makes forex go up and down within the Economic & Fundamental Analysis forums, part of the Methods category; Hey guys. I'd like to know what moves currencies up and down. What are the factors that move it I ...

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Old Feb 3, 2011, 7:13pm   #1
Joined Jul 2008
What makes forex go up and down

Hey guys. I'd like to know what moves currencies up and down. What are the factors that move it I know interest rates is 1 but what are the others? I want to kinda know where the trend is heading economically!
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Old Feb 3, 2011, 7:59pm   #2
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Re: What makes forex go up and down

Do some reading on macroeconomics. Those are the main factors.
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Old Feb 3, 2011, 8:16pm   #3
 
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Re: What makes forex go up and down

more buyers than sellers
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Old Feb 3, 2011, 8:21pm   #4
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Re: What makes forex go up and down

I am the sole reason the market moves despite what you hear. When I buy the market immediately falls, when I sell the market immediately rises. Rinse & repeat.

Peter
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Old Feb 3, 2011, 9:15pm   #5
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Re: What makes forex go up and down

fmjvertigo123 started this thread What's with all bull**** answers by some people on this forum. Got anything else better to do? I appreciate the good feedback from most people though!
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Old Feb 3, 2011, 9:21pm   #6
 
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Re: What makes forex go up and down

Quote:
Originally Posted by fmjvertigo123 View Post
Hey guys. I'd like to know what moves currencies up and down. What are the factors that move it I know interest rates is 1 but what are the others? I want to kinda know where the trend is heading economically!
Supply and demand affects it a bit.


Also various countries competing in quantitative easing.


PS Quantitative easing - an unconventional monetary policy used by some central banks to stimulate their economy.
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Old Feb 3, 2011, 9:23pm   #7
 
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Re: What makes forex go up and down

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Originally Posted by fmjvertigo123 View Post
What's with all bull**** answers by some people on this forum. Got anything else better to do? I appreciate the good feedback from most people though!
ur mum
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Old Feb 3, 2011, 9:37pm   #8
 
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Re: What makes forex go up and down

Pin bars, trend lines and Head & shoulders patterns. Not to mention the cup and handle.
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