Title: What are G10 currencies and what moves their price? | IG UK
Headings: What moves G10 currencies?
What moves G10 currencies?
What are the G10 currencies?
What moves G10 currency pairs?
Commodity prices
Central banks
Economic data releases
Political backdrop
Economic crisis
Top G10 currency pairs to trade on the forex market
Publication date : Tuesday 28 July 2020 01:31

Content: As Belgium, France, Germany, Italy and the Netherlands are members of the European Union, and use the euro, they are represented in the G10 currencies group by a single entry. This leaves spaces for other currencies to fill the G10 currency list – the Australian dollar, the New Zealand dollar and the Norwegian krone. Ready to start trading G10 currencies? Open a live account with IG. What moves G10 currency pairs? The volatility of forex markets can provide traders with a range of benefits, including the potential for increased profit, but also comes with increased risk, which makes it important to learn what moves forex markets. Knowing what has caused price fluctuations in the past, can help traders forecast the future price movements of their chosen currency pair. The main factors that influence G10 currency price movements are: Commodity prices
Some of the G10 currenc ies are linked to the price movements of commodities. It is natural for some currencies to be correlated with commodity prices because their economic growth is directly related to exports or a reliance on imports.