Question

Need a recent news article that was published less than 3 months ago that talks about the factors that influence the EUR/USD pair!!!

Answer 1

News Article-

Key Factors for Trading EUR/USD

FX Emplire

1. Institutions and personalities- The central banks in Europe and the US are the most important institutions that influence the pair. Under Mario Draghi's leadership and the Federal Reserve Bank with Jerome Powell as its president, the European Central Bank (ECB) controls monetary policy, money supply, interest rates, and the currency's strength and weakness as a result.

The market follows every central bank meetings and speeches given by the governor and the government. This generates Forex market volatility

2. Political instability- The EUR / USD pair can be influenced by any political issue. Brexit, problems in European countries, elections in countries with the European Union's largest economies, for example.

3.Interest rates- There is a link between interest rates and exchange rates, according to economic theories. It's called the impact of International Fisher. And in fact, it's so in most cases. Currencies typically rise and fall depending on economies ' interest rates. Of example, if US interest rates are higher than those of the European Union, the US dollar will be stronger than the euro. The higher interest rates in the Eurozone, on the other hand, weaken the euro.