7/27/2021 11:03:29 AM GMT
When trading with forex pairs, you must know the insights. This brief study covers the main factors that impact the forex market, the most common Canadian forex pairs, and the average spreads that can be encountered. Let’s learn together!
First Step: Get Acquainted with Forex Market
Predicting currency rates is complicated as many factors influence the global demand of the forex market and the open market through supply. Still, the loonie, as the Candian dollar is often called due to its appearance on the back of the coin, gradually becomes a viable alternative to the US dollar.