Home Influence and foul play are impossible
Basics & Industry, Forex Basics

Influence and foul play are impossible

Due the vast amount of money involved, and other characteristics, it is impossible for any person or company to have a major influence on the market.

Past experience shows us that even when central banks interfered with the foreign exchange market, they had success only in the short term. They usually failed in achieving their goals when they put a big foot in the market.

Contrary to stocks, a pair of currencies cannot be manipulated by a small of group of people with interests. There are so many players, and so much money, that this cannot be achieved.

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.