forex in 2024
Economic Influences:
- Stagflation: Concerns linger around stagflation, particularly in Europe, with slow growth and high inflation [[invalid URL removed]]. This creates uncertainty in the market.
- Central Bank Decisions: Interest rate adjustments by central banks like the Federal Reserve and European Central Bank significantly impact currency valuations. Diverging policies can cause exchange rate volatility [forex.com].
Market Trends:
- Technological Advancements: The forex market is expected to see continued growth due to the integration of digital trading platforms and adoption of algorithmic trading, making it more accessible and efficient.
Resources:
- Market outlooks for various currencies like EUR/USD, GBP/USD, and USD/JPY can be found on forex trading platforms like FOREX.com [forex.com].