Forex trading is your perfect cup of tea and sugar, but what factors actually affect the exchange rates in your daily, weekly or monthly trading? Some thoughts to consider: Lower inflation rates in a given country equal a rising currency value. Interest rates, exchange rates and inflation work together to affect the exchange rate. Some questions to ask: What is the country’s current account deficit? Is the country spending more on foreign trade than it is taking in? What is the public doing to affect the exchange rates? What … [Read more...]