UNIJOS MTL COMMUNITY

3. How Does News Affect Forex?

Important economic or political news can cause a currency's price to move quickly.

For example, news about:

Interest rates

Inflation

Employment

GDP

Central-bank decisions

can make traders buy or sell a currency.

Simply: Good or bad economic news can cause strong buying or selling, which can move the currency price.

2. What is Market Volatility?

Volatility means how quickly and how much the price of a currency moves.

For example:

If EUR/USD moves only a little during the day → low volatility.

If EUR/USD suddenly moves a large distance within a short time → high volatility.

Simply: Volatility = how much and how quickly the price moves.

5. What Happens When the US Federal Reserve Raises or Cuts Interest Rates?

The Federal Reserve (Fed) is the central bank of the United States.

If the Fed raises interest rates:

→ US investments can become more attractive

→ Demand for USD may increase

→ USD may strengthen 📈

If the Fed cuts interest rates:

→ US investments may become less attractive

→ Demand for USD may decrease

→ USD may weaken 📉

However, the actual market reaction depends heavily on what traders expected beforehand and on the Fed's overall message.

Easy way to remember:

Rate ↑ → USD may ↑

Rate ↓ → USD may ↓

These are tendencies, not guaranteed outcomes.

Happy Sunday Mama

If you say, only news that affect the dominating or developed countries matter, why is that so, the third world countries like Nigeria too are having raw materials that we export and this developed countries turn into final materials for consumption and we the third world countries import it.

Why don’t the third world countries matter in terms of news?

Okay, you know your base and quote currency, eur/ usd and so on, until nig eventually makes it to the market or other third world countries, I don’t think they’d matter

But what can we do to assert that kind of power and recognition

Good morning everyone

I have some questions today, more like a weekend drill

1 What is the core difference between fundamental analysis and technical analysis and why do most traders combine both

Yes consolidation are sometimes called a ranging market too

Love the example, Kudos to you

I did too, happy Sunday

You and biggy dey related? Cause una dey explain well!

Good take!

Nice job, I love how you answer each question

1 What is the core difference between fundamental analysis and technical analysis and why do most traders combine both