Chapter 5

Looking at the Big Picture

In This Chapter

arrow Getting to know the main drivers of currency rates

arrow Monitoring monetary policy and interest rates

arrow Understanding official currency policies and intervention

arrow Gauging risk sentiment and financial stability

The forex market is inherently a big-picture market. FX traders focus on

check.png Interest rates and monetary policy developments.

check.png Economic growth and inflation data.

check.png Political elections and economic policies in major economies.

check.png Geopolitical risks, trade conflicts, and terror attacks.

check.png Major movements in other financial markets.

On a daily basis, ...

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