2025-10-30 23:03
IndustryForex 102: The Ultimate Beginner's Guide
🔥 Major Currency Pairs to Know
•Majors (most traded): EUR/USD, GBP/USD, USD/JPY, USD/CHF
•Minors (less traded): EUR/GBP, GBP/JPY
•Exotics (volatile): USD/ZAR, USD/NGN
Majors have lower spreads and are best for beginners.
🔁 What Moves the Forex Market?
Understanding market drivers is key to success.
Here’s what moves prices:
1️⃣ Interest Rates (Higher = Stronger Currency)
2️⃣ Economic Reports (GDP, Inflation, NFP)
3️⃣ Political Events (Elections, War)
4️⃣ Central Banks (Federal Reserve, ECB)
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Forex 102: The Ultimate Beginner's Guide
Brazil | 2025-10-30 23:03🔥 Major Currency Pairs to Know
•Majors (most traded): EUR/USD, GBP/USD, USD/JPY, USD/CHF
•Minors (less traded): EUR/GBP, GBP/JPY
•Exotics (volatile): USD/ZAR, USD/NGN
Majors have lower spreads and are best for beginners.
🔁 What Moves the Forex Market?
Understanding market drivers is key to success.
Here’s what moves prices:
1️⃣ Interest Rates (Higher = Stronger Currency)
2️⃣ Economic Reports (GDP, Inflation, NFP)
3️⃣ Political Events (Elections, War)
4️⃣ Central Banks (Federal Reserve, ECB)
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