Direct action by a government or central bank to influence its currency's value. Because central bank credibility and policy direction move markets more than almost anything else, terms like this are watched closely by traders of every experience level.
Direct action by a government or central bank to influence its currency's value. Because central bank credibility and policy direction move markets more than almost anything else, terms like this are watched closely by traders of every experience level.
It can cause abrupt, large price moves that override technical levels. Traders progressing past the basics tend to lean on this more heavily as they start combining multiple concepts into a coherent trading approach.
Sudden reversals following suspected central bank buying or selling. In practice, traders typically encounter this directly within their trading platform, charting software, or an economic calendar, depending on the specific context in which it arises.
IUX
Exness
Vantage
XM
ICMarkets
LiteFinance
Moneta
Tickmill
South Africa (9)
India (9)
Bangladesh (12)
Germany (9)
Thailand (10)
Philippines (9)
Nigeria (10)
Vietnam (10)
Malaysia (9)
