Which central bank matters most for the pairs you trade?

FTC Community TeamStaff17 Sept 202696 views

Every currency has a central bank behind it, and their decisions move the market more than almost anything else. A beginner doesn't need to follow all of them — just the ones behind their pairs.

Which central bank matters most for the pairs you trade? — central bank rate path diagram — A central bank's policy rate path across recent meetings

the pairs you trade
the central banks you follow for them
how you keep up with their meeting dates

Which central bank matters most for the pairs you trade? — pip movement diagram — How a pip moves the exchange rate

The economic calendar marks central bank decisions, and how interest rate decisions move currencies explains why a hike or cut changes the exchange rate.

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