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Bhaskar Dutta. Rate Story. Font Size Abc Small. Abc Medium. This important font of knowledge is, of course, your local weatherman. While this comment is made at least partially tongue-in-cheek , the idea that the weather could affect the currency markets is not at all far-fetched. Weather conditions have a profound effect on local economies, on energy consumption, and on the all-important agricultural industry.
A change in the weather can have a tremendous impact on the economy, causing currency values to fluctuate. This guide examines the effects of North American weather on the US dollar, though the observations herein can easily be applied to most developed countries and their currencies. So, without further ado, here are the four ways in which weather affects the US dollar — a must-read list for the truly obsessive FX trader. If you want to ask some questions or share your ideas on how weather can affect currency trading, please feel free to do so using our Forex forum.
If you want to get news of the most recent updates to our guides or anything else related to Forex trading, you can subscribe to our monthly newsletter. What Is Forex? Please disable AdBlock or whitelist EarnForex. Thank you! EarnForex Education Guides. Tornadoes, hurricanes, floods, and the like: Hurricane Katrina is a prime example of how natural disasters can affect the greenback, but these incidents don't need to be on the scale of Katrina to have an influence on the foreign exchange market.
Any weather event that damages property or impacts citizens to the point that they require assistance from local or federal government agencies can put a strain on the dollar. Sizable disasters can also affect national morale, causing unease or even panic, neither of which is ever good for the currency.
Haven't had a chance to check the accuracy. I would welcome a more customizable meteogram which would include also humidity and dew points in addition to the current temperature and precipitation. While exploring the app, I didn't get a single ad. There is an option to select a type of ads, I picked Fixed. There are far too many ads. Each and every ad also covers the entire screen on my Android phone as I'm trying to read the weather report.
There are also ads which require me to listen to someone touting their product or whatever for up to 30 seconds. In order to " X " out of an ad, I have to wait until the person quits talking and trying to sell their product. This gets on my very last nerve ending. Everything about the ads on this app are so aggravating and frustrating. Can't rate Zero stars! I'm a weather junkie and have installed a number of different apps, looking for the best experience.
One thing I've learned is to look at the data source where the app gets it's info. Surprisingly a great many use Foreca some even offer it as a paid upgrade! I decided to go straight to the source. It provides current conditions, day weather forecasts, and weather animations for any location in the world. The application is available for Android , iOS , and Windows 10 devices. From Wikipedia, the free encyclopedia. This article contains content that is written like an advertisement.
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The Forex Forecast Poll is a sentiment tool that highlights near- and medium-term price expectations from leading market experts. Follow our weekly forecast for forex and gold and find expert predictions, analysis and currency forecast tools to help you trade more consistently. Weather conditions have a profound effect on local economies, on energy consumption, and on the all-important agricultural industry. A change in the weather can.