The forex marketplace is complex and the exchange rate forecast for 2020 hinges on a combination of factors, such as predictions for economic growth, political stability, monetary policy, imports and exports, and interest rates. At the end of 2019, analysts were focusing on several key themes and drivers.
What moves the forex market the most?
Currency movements, as in any other market, are driven by two main forces: supply and demand. Think for instance of the car selling business in a small village. At first there will be just a few car vendors.