How U.S. Interest Rate Hikes Impact Global Currencies: A Simple Guide

Ever wondered why a decision made in the United States about interest rates can affect currencies worldwide? Let's break it down in simple terms.

1. Interest Rate Boosts in the U.S

When the U.S. decides to raise interest rates, it's like offering a better deal to investors. They flock to the U.S. for higher returns, increasing demand for the U.S. dollar.

2. Money Flowing to the U.S

This increased demand means more people need U.S. dollars, causing other currencies to... continue reading on MTDesk

Practice with Demo Account today

VCPlus offers a demo account mode, which lets you practice trading without using real cash. It's like a training ground for getting better at trading. Sign up for a free VCPlus account today!

Download the VCPlus app and sign up for a free trading account

Link for iOS

Link for Android