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<p id="isPasted">Central banks, as the monetary authorities of a country, have the responsibility of implementing policies that influence their nation's economy. These policies, such as interest rate decisions, quantitative easing, and interventions, can significantly impact a country's currency value in the forex market. For example, if a central bank decides to lower interest rates, it can lead to a decrease in the currency's value.</p><p>On the other hand, forex traders seek to profit from currency fluctuations by buying and selling currencies based on market trends, economic indicators, and other factors. Their goal is to anticipate and capitalize on changes in currency …</p>