The USA currency is one of the most important currencies in forex trading markets so we should know the factors that affect its exchange price
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| US dollar |
1- Federal Reserve Bank (FED):
It is the US central bank and any news or reports issued have a significant impact on the market.
2- Federal Open Market Committee (FOMC( :
meets about 8 times every year to discuss and determine the appropriate level of bank interest rates.
3- Bank interest rates:
one of the most important factors that determine the movement of the US dollar. And reducing it by 1% has led to almost continuously weakness of the US dollar against most other currencies, especially those that offer higher yields.
4- Bonds:
drop the price of the bond (the high value of the annual return) make the US dollar value increase because of the increasing demand for it during the buying process.
5- Economic reports:
reports of, employment .. consumer prices ..inflation ... GDP and international trade ... Industrial production ... productivity.. home sales report comments .. Resource Management Institute.
6- The stock market:
as the key indicators of the US stock market: the Dow Jones Industrial Average, Standard & Poor's (500S * P) and the Nasdaq (Nasdaq 100)
as the rising in these indicators give a positive impetus to the dollar and may contribute to rising dollar as well.
7- US Treasury:
as the US Treasury's declarations have a significant impact on the US dollar ...
8- Prices of other currencies (Cross Rates):
for example, the yen rises sharply against the Euro means a lower price in the euro against the yen, which may cause the decline of the Euro against the dollar and also the yen rise against the dollar ...
9- gold price:
similar to the prices of other currencies (Cross Rates) and has an old relationship in determining the price of the dollar. In general rise in the price of gold lead to a decline in the dollar price and vice versa.
10- political developments:
any political news would affect the currency exchange rates.