The value of the US dollar
November 10th, 2009
Market psychology influences the foreign exchange market in a variety of ways. Political upheaval and instability can have a negative impact on a nations economy. Internal, regional and international political conditions and events can have a profound effect on currency markets. When supply outruns demand, the currency declines. When demands for the fap turbo currency are high, the foreign rate increases. Just like stocks, the value of the US dollar and other currencies fluctuates on the international Interbank foreign exchange spot market through the free-market activity of buying and selling. The foreign exchange rate is the price of one currency expressed in terms of another.
Entry Filed under: Business