Forex Revewaled pt. 7 (Political conditions affecting currency trading)
We have already checked some of the factors that are essential in the FOREX trading. I mean, we can not expect that something driven by the money will stay away from anything else that is related to the money. The Politics does not represent isolated case - there the money are working as well. Look what is saying wikipedia about it:
Internal, regional, and international political conditions and events can have a profound effect on currency markets.
For instance, political upheaval and instability can have a negative impact on a nation’s economy. The rise of a political faction that is perceived to be fiscally responsible can have the opposite effect. Also, events in one country in a region may spur positive or negative interest in a neighboring country and, in the process, affect its currency.
That’s all for now 
Forex Revewaled pt. 6 (Economic factors affecting currency trading)
Since there are several groups of factors each very important on his own I decided to divide them in separate parts of the course. The first group and one of the most important of all is the group of the Economic factors. The Economy is vast, almost unpredictable. We must know at least its fundamentals in order to be able to predict any possible success on the FOREX market. Thanks to Wiki for the help on this free course session.
Economic factors
These include economic policy, disseminated by government agencies and central banks, economic conditions, generally revealed through economic reports, and other economic indicators.
Economic policy comprises government fiscal policy (budget/spending practices) and monetary policy (the means by which a government’s central bank influences the supply and “cost” of money, which is reflected by the level of interest rates).
Economic conditions include:
Government budget deficits or surpluses: The market usually reacts negatively to widening government budget deficits, and positively to narrowing budget deficits. The impact is reflected in the value of a country’s currency.
Balance of trade levels and trends: The trade flow between countries illustrates the demand for goods and services, which in turn indicates demand for a country’s currency to conduct trade. Surpluses and deficits in trade of goods and services reflect the competitiveness of a nation’s economy. For example, trade deficits may have a negative impact on a nation’s currency.
Inflation levels and trends: Typically, a currency will lose value if there is a high level of inflation in the country or if inflation levels are perceived to be rising. This is because inflation erodes purchasing power, thus demand, for that particular currency.
Economic growth and health: Reports such as gross domestic product (GDP), employment levels, retail sales, capacity utilization and others, detail the levels of a country’s economic growth and health. Generally, the more healthy and robust a country’s economy, the better its currency will perform, and the more demand for it there will be.
Probably you will argue with me that the course is too short. Yep, it looks short but adding the links that lead to additional articles and references you will soon realize that it is possible, indeed to create such short article containing the extracts of the FOREX knowledge. Consider by yourself.