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Interest Rates and the FX Market
Many FX traders get confused about which fundamental news releases to focus on when making a trading decision. I suggest to these traders to follow news releases that potentially impact the currency’s interest rate. This article will explain why the interest rate movements are important to the value of the currency. Each currency carries with it an interest rate. This is almost like a barometer of that economy’s strength or weakness. As a nation’s economy strengthens over time, prices tend to rise as the consumers are able to spend more of their income. The more we make, the better our vacations can be, and the ... (full story)
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