Why are interest rates important for forex traders? | Mint - Mint

7/30/2022 12:00:00 AM2 years 9 months ago
by MintGenie Team
by MintGenie Team
Tweaking with interest rates by the nation’s central bank casts a shadow on the currency’s exchange rate. Read further to know how this happens
A key factor that influences the foreign exchange (forex) market is the interest rate changes made by major central banks such as the Federal Reserve of the United States, Bank of England (BoE), and … [+2172 chars]
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