Share
Mastering Forex Fundamentals
Understanding Currency Pairs
Ep. 1
•
This is the foundation of Forex trading. Every trade involves two currencies, forming a pair. The first, the base currency, determines the trade's direction, while the second, the quote currency, reveals its value.
More episodes
View all episodes
2. Role of Central Bank in Forex
02:52||Ep. 2The episode covers the influence of major central banks like the Fed, ECB, BoJ, and BoE on currency valuations through monetary policy and interest rate adjustments. It discusses how interest rate changes affect currency strength, using the Fed's rate increase and the ECB's lower rates as examples. Additionally, the episode examines the impact of quantitative easing on the Forex market, particularly the Fed's actions post-2008 crisis, highlighting the importance for traders to stay informed and align strategies with central bank cues for successful trading.