kangda forex(https://www.kangda-fx.com/):Forex trading involves trying to predict which currency will rise or fall versus another currency.
How do you know when to buy or sell a currency pair?
In the following examples, we are going to use a little fundamental analysis to help us decide whether to buy or sell a specific currency pair.
The supply and demand for a currency changes due to various economic factors, which drives currency exchange rates up and down.
Each currency belongs to a country (or region). So forex fundamental analysis focuses on the overall state of the country’s economy, such as productivity, employment, manufacturing, international trade, and interest ratezzzzzzzz.
Wake up!
kangda forex(https://www.kangda-fx.com/):If you always fell asleep during your economics class or just flat-out skipped economics class, don’t worry!
kangda forex(https://www.kangda-fx.com/):We will cover fundamental analysis in a later lesson.