What drives the price in the forex market?

<p id="isPasted">Forex is a real global marketplace, with buyers and sellers from all corners of the globe participating in trillions of dollars of trades each day.</p><p>Bank of International Settlements. "The Global Foreign Exchange Market in a Higher-Volatility Environment."</p><p>&nbsp;The fact that foreign exchange trading has become such a global activity means that macroeconomic events everywhere play a greater role in forex than ever before. Traders don't have to stick to popular currencies anymore, but they are a good place to start.</p><ul><li id="isPasted">Macroeconomic statistics, such as inflation, have the greatest impact on forex markets.</li><li>Stock, bond, commodity, and other capital markets also have a strong influence on exchange rates.</li><li>International trade numbers, such as trade deficits and surpluses, play a vital role in forex markets.</li><li>Political news can also be important for forex traders, especially when unexpected outcomes occur.</li></ul>