Forex Market Hours
Although Forex is a 24 hour market it has its own time structure; it could move up, down or nowhere. Choosing the right trading time is the important part of every successful forex strategy. This moving forex market hours map shows currently open and closed trading sessions as well as observed volume, volatility, and spreads for trading instruments.
Central Bank Rates
Interest rates are an intrinsic power of Forex markets. This is just that "Force" from Star Wars movies that connects everything in the Universe. So as interest rates move, they cause forex rates to move. Without any hesitation, we can point that central bank rates are the most important and powerful factors in the forex market. Interest rates are appointed by Central Banks when they make regular fiscal policy announcements and interest rates decisions are always the most watched part of such announcements.