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What caused the currency price to move?
Jan 14, 2014 at 08:10
เป็นสมาชิกตั้งแต่ Nov 29, 2013
3 โพสต์
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.
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.

forex_trader_166072
เป็นสมาชิกตั้งแต่ Dec 04, 2013
5 โพสต์
Jan 23, 2014 at 15:09
เป็นสมาชิกตั้งแต่ Oct 03, 2013
38 โพสต์
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.
เป็นสมาชิกตั้งแต่ Feb 22, 2011
4573 โพสต์
Jan 23, 2014 at 15:53
เป็นสมาชิกตั้งแต่ Feb 22, 2011
4573 โพสต์
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
Jan 23, 2014 at 17:20
เป็นสมาชิกตั้งแต่ Mar 29, 2012
191 โพสต์
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.
เป็นสมาชิกตั้งแต่ Nov 21, 2011
1601 โพสต์
Jan 23, 2014 at 17:39
เป็นสมาชิกตั้งแต่ Nov 21, 2011
1601 โพสต์
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 😉
I think the sun can have some impact too 😉
เป็นสมาชิกตั้งแต่ Oct 24, 2013
261 โพสต์
Jan 25, 2014 at 13:33
เป็นสมาชิกตั้งแต่ Oct 24, 2013
261 โพสต์
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.
Feb 11, 2014 at 20:19
เป็นสมาชิกตั้งแต่ Aug 02, 2011
39 โพสต์
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

forex_trader_136673
เป็นสมาชิกตั้งแต่ Jun 28, 2013
842 โพสต์
Feb 12, 2014 at 21:48
เป็นสมาชิกตั้งแต่ Jun 28, 2013
842 โพสต์
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

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