What caused the currency price to move?

masonlee

Nov 29, 2013からメンバー 3 投稿

Jan 14, 2014 at 08:10

Nov 29, 2013からメンバー 3 投稿

Hello,

I found that some time when there is no economic data are released for a currency pair, the price of that pair still move quite a lot and quite volatile.

Some time, even when there is economic data are released, the price of the currency pair move in opposite direction or just did not move, it seem like there is some other factors that are affecting the movement of a currency.

Anybody here can list down any possible factors that may affecting the price of a currency?

Thanks.

masonlee

Nov 29, 2013からメンバー 3 投稿

Jan 23, 2014 at 07:51

Nov 29, 2013からメンバー 3 投稿

Anybody have any comments? 😄

forex_trader_166072

Dec 04, 2013からメンバー 5 投稿

Jan 23, 2014 at 14:45

Dec 04, 2013からメンバー 5 投稿

A lot things may cause FX price to move. For example, cross-border acquisition, oversea asset purchasing, import and export trading, etc. This happens in banks, who provide foreign currencies to you.

ZOOM

Oct 03, 2013からメンバー 38 投稿

Jan 23, 2014 at 15:09

Oct 03, 2013からメンバー 38 投稿

FX pairs can move for whatever comes to your mind. War, peace, oil prices, inflation, M&A, bonds, equities rally and what not. For example, you could have somebody buying bonds of another country, converting money, while this would not necessarily pass through the spot FX, it will affect the FX market too.

togr

Feb 22, 2011からメンバー 4573 投稿

Jan 23, 2014 at 15:53

Feb 22, 2011からメンバー 4573 投稿

masonlee posted:
Hello,

I found that some time when there is no economic data are released for a currency pair, the price of that pair still move quite a lot and quite volatile.

Some time, even when there is economic data are released, the price of the currency pair move in opposite direction or just did not move, it seem like there is some other factors that are affecting the movement of a currency.

Anybody here can list down any possible factors that may affecting the price of a currency?

Thanks.

The answer is: traders

Thalantas

Mar 29, 2012からメンバー 191 投稿

Jan 23, 2014 at 17:20

Mar 29, 2012からメンバー 191 投稿

togr posted:
masonlee posted:
Hello,

I found that some time when there is no economic data are released for a currency pair, the price of that pair still move quite a lot and quite volatile.

Some time, even when there is economic data are released, the price of the currency pair move in opposite direction or just did not move, it seem like there is some other factors that are affecting the movement of a currency.

Anybody here can list down any possible factors that may affecting the price of a currency?

Thanks.

The answer is: traders

The answer includes traders but is not only traders.

@ZOOM is entirely right. Everyone affects the market. Some huge hedge fund might dumb their CHF and make the market crash for a second...this is purely the law of offer and demand.
You have to understand that forex is gigantic. Even you when you go visiting Paris and pay with your US credit card for a ticket to go on top of the eiffel tower you are doing FX. Now scale it to an industrial level and think about all these companies that buy and sell constantly everywhere in the world.

A smooth sea never made a skillful sailor.

CrazyTrader

Nov 21, 2011からメンバー 1601 投稿

Jan 23, 2014 at 17:39

Nov 21, 2011からメンバー 1601 投稿

I have also notice once that it was raining cats and dogs... so suddenly eurusd goes down.

I think the sun can have some impact too 😉

Silverthorn

Oct 24, 2013からメンバー 261 投稿

Jan 25, 2014 at 13:33

Oct 24, 2013からメンバー 261 投稿

CrazyTrader posted:
I have also notice once that it was raining cats and dogs... so suddenly eurusd goes down.

I think the sun can have some impact too 😉

Here in Australia I have noticed an increase in volatility and volume at night so I firmly believe it's Not the sun but the MOON that causes high and low tides and sucks the money from one side of the planet to the other. 😲

You can't spend open trades.

masonlee

Nov 29, 2013からメンバー 3 投稿

Feb 11, 2014 at 08:31

Nov 29, 2013からメンバー 3 投稿

Thanks for the comments.😄
I have learned a lot from all of you.

I am curious whether USD will slide sharply when Mr. Obama late to the office for 10 minutes.😉

Forex21

Jan 16, 2014からメンバー 401 投稿

Feb 11, 2014 at 10:06

Jan 16, 2014からメンバー 401 投稿

1) Speculations of hedge funds, banks and institutional traders.
2) Political decisions.
3) War
4) Fundamental news (Non Farm Payrolls, PMI, CPI etc..)
...and of course Warren Buffet and George Soros :)

minyu2

Aug 02, 2011からメンバー 39 投稿

Feb 11, 2014 at 20:19

Aug 02, 2011からメンバー 39 投稿

togr posted:
masonlee posted:
Hello,

I found that some time when there is no economic data are released for a currency pair, the price of that pair still move quite a lot and quite volatile.

Some time, even when there is economic data are released, the price of the currency pair move in opposite direction or just did not move, it seem like there is some other factors that are affecting the movement of a currency.

Anybody here can list down any possible factors that may affecting the price of a currency?

Thanks.

The answer is: traders

Best answer. So the follow up should be: Why people trade currencies?

Wait for it

ZOOM

Oct 03, 2013からメンバー 38 投稿

Feb 12, 2014 at 10:31

Oct 03, 2013からメンバー 38 投稿

Again, for whatever reason you can think of. Buying pineapples from Mozambique, for example, will make you trade currencies.

forex_trader_136673

Jun 28, 2013からメンバー 842 投稿

Feb 12, 2014 at 21:48

Jun 28, 2013からメンバー 842 投稿

Silverthorn posted:

Here in Australia I have noticed an increase in volatility and volume at night so I firmly believe it's Not the sun but the MOON that causes high and low tides and sucks the money from one side of the planet to the other. 😲

Funniest thing I read in a long time. You just made my day. Thanks

EURUSD	1.1365	GBPUSD	1.33569	AUDUSD	0.64836
USDJPY	143.243	USDCAD	1.37827	USDCHF	0.82533

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