Major currency pairs are based on a list of popular currencies. These currency pairs account for most of the turnover of the global Forex markets.
Forex currencies are influenced by a series of macro-economic conditions specific to each country, as well as the world’s economic situation. Economic indicators (GDP growth, imports/exports), social factors (the unemployment rate, real estate market conditions) and the central bank’s policy are the factors that determine the value of a currency on the foreign exchange markets.
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