4  What determines the price of currency Market?
Significant macroeconomic variables drive the currency market. In essence, they include central bank activity, governments, conflicts, epidemics, and various other things. Financial calendars are an excellent way to keep track of important economic events that may impact a particular currency pair. Speculators’ technical elements also influence the FX market price. It’s difficult to forecast price direction since it’s tough to link forex market fluctuations to a single element.