currency prices

spotbabe · #1 (**permalink**) 12-14-2007, 03:04 AM

I've been wondering what really moves a currency prices? is it the bank? or interest rates of each currency? or the economy?

I would like to hear your insights about this..

Thanks!

tznef · #2 (**permalink**) 12-14-2007, 11:03 AM

The currency prices are effected by the ask and bid or supply and demmand.

prasxz · #3 (**permalink**) 12-14-2007, 01:01 PM

Quote:

Originally Posted by spotbabe

I've been wondering what really moves a currency prices? is it the bank? or interest rates of each currency? or the economy?

I would like to hear your insights about this..

Thanks!

export and import from one country to other, central bank interest rate , economy and political condition , retail trader like us also moves the currency , etc

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Forex Indicators Collection

spotbabe · #4 (**permalink**) 12-15-2007, 02:35 AM

Oh is that so?! so you mean to say that the supply and the demand and the bid and ask would be the reflection why the currency moves.. hmm.. i see

spotbabe · #5 (**permalink**) 12-15-2007, 02:37 AM

Quote:

Originally Posted by prasxz

export and import from one country to other, central bank interest rate , economy and political condition , retail trader like us also moves the currency , etc

Okay.. Thanks for your reply

and for the insights that you shared..

Happy trading!