The Forex market is a reflection of global economic activity.
It helps you anticipate volatility and make smarter trading decisions.
This impacts the USD, EUR, and indirectly the INR through cross-market correlations.
For example, a rise in US interest rates often strengthens the dollar and puts pressure on emerging market currencies like the Indian rupee.
Similarly, global crises such as oil price fluctuations, geopolitical conflicts, or trade wars can cause sudden shifts in market sentiment.
India, being a major www.fxforex-india.com importer of oil, is especially sensitive to crude price changes — which can affect both inflation and the value of the rupee.
For CFD traders, global stock market movements also matter.
Major events like Non-Farm Payrolls (NFP), CPI data, and FOMC meetings can cause high volatility.
Combining technical charts with an awareness of world events gives Indian traders a deeper edge.
Understanding how world events ripple into the Indian Forex landscape can be the difference between success and surprise.
