In recent years, the reason why the foreign exchange market has been favored by more and more people and has become the new darling of international investors is closely related to the characteristics of the foreign exchange market itself.
The two main analytical methods of the currency market are fundamental analysis and technical analysis. Fundamental analysis focuses on the development of finance, economic theory, and political situation to determine supply and demand factors.
The daily volatility of foreign exchange prices in the international foreign exchange market is roughly between 0.8% and 1.5% (that is, one to two cents, 100 to 200 points in foreign exchange market terms)
Among the economic news that affect the volatility of the foreign exchange market, the monthly or quarterly economic statistics released by the U.S. government play the most important role.
In this intervention, almost all the member states of the European Community paid a high price. The German Central Bank spent more than 12 billion U.S. dollars
Becoming a successful professional foreign exchange investor is not an easy task. What you need to cultivate is long-term, sustained and stable profitability.
The foreign exchange market is a very risky market, and its risk is mainly that there are too many variables that determine the foreign exchange price.