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How do I know which currency is stronger



How do I know which currency is stronger
To know about any currency, we need to know about the demand and supply of that currency, just like through news, event and economic calendar we can find out which currency is Stronger or weaker

Economic indicator or economic calendar 

GDP Growth Rates: Gross Domestic Product ED or Strong is based on the GDP news of any country, the GDP growth rate news is released every month due to which the GDP growth rate keeps fluctuating

unemployment rates: Unemployment rate means how many people are employed and how many people are unemployed in this country on the basis of news and on the basis of technical news indicator when according to the news of unemployment rate

Interest rates: Interest Rate: If the bank interest rate of any country is high then it becomes strong and if the central bank interest rate of any country is low then it also becomes weak.
 
Inflation rates: Inflation rate depends on the inflation of a country, the more inflation there will be translation, the lower the inflation, the less insulation will be there, the news of inflation rate has a huge impact on the e-market.

NFP: NFP release every month Friday when NFP news realase all forex currency pairs get volotile and hit the market 50 or 100 pips in a day.when NFP trade release the huge amount of trade stat trading.



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