Info
    Overnight Interest Buy
    -0.0144 %
 
    Overnight Interest Sell
    -0.0075 %
 
                                                                                    
                                            Margin
Your aggregate position in this market will be margined in the following tiers:
	
			
			1
			
				0-4000000 contracts			
			0.1%
		 
			
			2
			
				4000001-8000000 contracts			
			0.2%
		 
			
			3
			
				8000001-1.2E7 contracts			
			0.5%
		 
			
			4
			
				12000001-1.6E7 contracts			
			1%
		 
			
			5
			
				Above 1.6E7 contracts			
			2%
		 
	 
                                                                                
                                        
    Trading Hours
    Market open
 
            Thursday - Friday
        
        21:00 - 21:00
        
            
        
    
 
                    
                Sunday - Monday
                22:00 - 22:00
             
                                
                Monday - Tuesday
                22:00 - 22:00
             
                                
                Tuesday - Wednesday
                22:00 - 22:00
             
                                
                Wednesday - Thursday
                22:00 - 22:00
             
                                                                
                                        
                                     
                                 
                                
                                        Factors that affect the forex market
    
        Economic Indicators:
Interest Rates: Central bank policies, like rate hikes or cuts, impact currency strength. Higher rates attract foreign investment, strengthening the currency.
GDP Growth: Strong economic growth signals a robust economy, boosting currency demand.
Inflation: Moderate inflation can strengthen a currency, but high inflation often weakens it.
Employment Data: Low unemployment or strong job growth supports currency appreciation.
Trade Balance: A trade surplus (exports > imports) strengthens a currency, while a deficit can weaken it.
Monetary Policy:
Central bank actions, such as quantitative easing or tightening, influence currency supply and demand.
Forward guidance (future policy signals) affects market expectations.
Political Stability:
Stable governments and policies foster investor confidence, strengthening currencies.
Political turmoil, elections, or geopolitical conflicts can lead to currency depreciation.
Market Sentiment:
Risk-on environments (optimism) favor high-yield currencies; risk-off (fear) boosts safe-haven currencies like USD, JPY, or CHF.
Speculation and trader psychology drive short-term volatility.
Global Events:
Natural disasters, pandemics, or wars disrupt economies and currency stability.
Commodity prices (e.g., oil for CAD, AUD) impact resource-dependent currencies.
Capital Flows:
Foreign direct investment (FDI) and portfolio investments influence currency demand.
Carry trades (borrowing in low-yield currencies to invest in high-yield ones) affect exchange rates.
Market Liquidity and Intervention:
Thin liquidity (e.g., during holidays) amplifies volatility.
Central bank interventions (buying/selling currencies) stabilize or manipulate rates.
Technical Factors:
Chart patterns, support/resistance levels, and algorithmic trading drive short-term price movements.