8 Common Factors Affecting Exchange Rates

The exchange rate of a currency, which reflects the value of one currency in relation to another, is influenced by a variety of factors. The 8 Common Factors include: Inflation Rates, Interest Rates, Economic Growth, Current Account/Balance of Payments, Terms of Trade, Government Debt, Central Bank Policy and Political/Government Factors.

Why trade forex?

Why Trade Forex?
There are many benefits and advantages of trading forex, and this is one of the reasons why it has become so popular among traders. Some of the benefits and advantages of trading forex include:

Explained for Beginners: Forex Trading unit--Lot

Explained for Beginners: Forex Trading unit--Lot
In forex trading, transactions are typically made in specific amounts called lots, which refer to the number of currency units being bought or sold. A "lot" is a unit of measurement that represents the transaction amount. When placing orders on a trading platform, the size of the order is often quoted in lots. There are different lot sizes available, including standard, mini, micro, and nano.

Understanding the Forex Pairs & quotes

Understanding the Forex Pairs & quotes
When trading forex, you are dealing with currency pairs, which represent the exchange rate between two different currencies. There are three main types of forex pairs: major pairs, minor pairs, and exotic pairs.

Fundamental concepts of Forex

Fundamental concepts of Forex
What is forex?
What is Forex Trading?
Who is Forex Trader?
What is Forex Market?

What is Commission Rebates

Commission Rebates is a payment rebated to traders for every trade executed. URICH2.com providers refer traders to brokers and share the rebates they earn from every trade made by the client .