二、非经济因素
(一)政治局势
如果一国出现政府经常更迭，国内叛乱、战争，与他国的外交关系恶化以及遇到严重的自然灾害，而这些事件和灾害又未能得到有效控制的话，就会导致国内经济萎缩或瘫痪，导致投资者信心下降而引发资本外逃，其结果会导致各国汇率下跌。
(二)新闻及其他信息
在外汇市场上，一个谣传或一则小道消息也会掀起轩然大波。尤其是某些市场不太成熟的国家，外汇市场就是“消息市”。外汇时常汇率就在这些真假难辩的信息中动荡变化。
(三)心理预期因素
按照阿夫达里昂的汇兑心理学，一国货币之所以有人要，是因为它有价值，而其价值大小就是人们对其边际效用所作的主观评价。主观评价与心理预期实际上是同一个问题。心理预期对货币汇率的影响极大，甚至已成为外汇市场汇率变动的一个关键因素，只要人们对某种货币的心理预期一变化，转瞬之间就可能会诱发大规模的资金运动。
影响外汇市场交易者心理预期变化的因素很多，主要有一国的经济增长率、国际收支、利率、财政政策及政治局势。
(四)市场投机
投机者以逐利为主的投机行为，必然影响到汇率的稳定。
通常外汇市场投机行为包括两部分：一是稳定性投机，二是非稳定性投机。它们对汇率的影响程度如图所示：
(五)中央银行干预
在开放的市场经济下，中央银行介入外汇市场直接进行货币买卖，对汇率的影响是最直接的，其效果也是极明显的。
通常中央银行干预外汇市场的措施有四种：
1．直接在市场上买卖外汇
2．调整国内财政、货币等政策
3．在国际范围公开发表导向性言论以一影响市场心理
5个小时后我就要用！！
第1个回答 2010-02-05
Second, the non-economic factors
(a) the political situation
If a country has often appear, domestic insurrections, wars, and other diplomatic relations and meet serious natural disasters, and these events and disasters and failed to effectively control, will cause the domestic economy, cause paralysis atrophy or investors' confidence and decline, the results of the capital flight will lead to drop all rate.
(2) news and other information
In the foreign exchange market, a rumor or a grapevine news also caused uproar. Especially some not mature market, foreign exchange market is "news". Foreign exchange is often difficult argument in these false information in the unrest.
(3) psychological factor
According to the art of Lyon's exchange psychology, monetary is someone to, because it has a value, and its value for its size is marginal utility of subjective evaluation. Subjective evaluation and expectations are actually the same problem. The psychological effect of currency is expected to greatly, even has become the foreign exchange market exchange rate fluctuations, as long as one of the key factors for some people expected a change of currency, wink may induce large-scale capital movement.
Foreign exchange market traders influence factors of the psychological expected change is very much, basically have the economic growth, the international balance of payments, interest rates, fiscal policy and political situation.
(4) market speculation
Speculators to profit of speculation, will inevitably affect to the stable exchange rate.
Foreign exchange market speculation usually include two parts: one is the stability and speculation, two are stability speculation. They influence degree of exchange rate is shown in the:
(5) the central bank intervention
In the opening of market economy, the central bank in foreign exchange market, money directly to the exchange rate is the most direct, its effect is very obvious.
The central bank usually intervention measures of foreign exchange market, there are four types:
1 in the foreign exchange market directly on sale
2. Adjust domestic fiscal and monetary policies
3 in the international leading published comments to a psychological influence the market
(a) the political situation
If a country has often appear, domestic insurrections, wars, and other diplomatic relations and meet serious natural disasters, and these events and disasters and failed to effectively control, will cause the domestic economy, cause paralysis atrophy or investors' confidence and decline, the results of the capital flight will lead to drop all rate.
(2) news and other information
In the foreign exchange market, a rumor or a grapevine news also caused uproar. Especially some not mature market, foreign exchange market is "news". Foreign exchange is often difficult argument in these false information in the unrest.
(3) psychological factor
According to the art of Lyon's exchange psychology, monetary is someone to, because it has a value, and its value for its size is marginal utility of subjective evaluation. Subjective evaluation and expectations are actually the same problem. The psychological effect of currency is expected to greatly, even has become the foreign exchange market exchange rate fluctuations, as long as one of the key factors for some people expected a change of currency, wink may induce large-scale capital movement.
Foreign exchange market traders influence factors of the psychological expected change is very much, basically have the economic growth, the international balance of payments, interest rates, fiscal policy and political situation.
(4) market speculation
Speculators to profit of speculation, will inevitably affect to the stable exchange rate.
Foreign exchange market speculation usually include two parts: one is the stability and speculation, two are stability speculation. They influence degree of exchange rate is shown in the:
(5) the central bank intervention
In the opening of market economy, the central bank in foreign exchange market, money directly to the exchange rate is the most direct, its effect is very obvious.
The central bank usually intervention measures of foreign exchange market, there are four types:
1 in the foreign exchange market directly on sale
2. Adjust domestic fiscal and monetary policies
3 in the international leading published comments to a psychological influence the market
第2个回答 2010-02-05
Second, non-economic agent
(1) politics situation
if a country appears the government to alternate frequently, the domestic rebellion, the war, worsen with other country foreign relations as well as meet the serious natural disaster, but these events and the disaster have not been able to obtain the active control speech, can cause the domestic economy to wither or the paralysis, causes the investor confidence to drop initiates the capital to escape, its result can cause the various countries' exchange rate to fall.
(2) news and other informations
In the foreign exchange market, a rumor or a piece of hearsay also can start the great unrest.Certain market not too mature country, the foreign exchange market is the news city in particular.The foreign exchange often the exchange rate on in the information which difficult to debate in these genuine and fake the turbulent change.
(3) psychological anticipated factor
reaches Lyons's remittance psychology according to the Arab League husband, a country currency the reason that some people want, is because it has the value, but its value size is the people the subjective appraisal which does to its marginal utility.The subjective appraisal and the psychology anticipated in fact are the identical questions.The psychology anticipated is enormous to the currency exchange rate influence, even has become the foreign exchange market exchange rate change a key aspect, so long as the people to some kind of currency psychological anticipated change, possibly can induce the large-scale fund movement in an instant.
The influence foreign exchange market swapper psychology anticipated change factor are very many, mainly has a country's economic growth rate, the international payment balance, the interest rate, the financial policy and the political situation.
(4) market plunge
speculator by chases the advantage primarily congenial behavior, affects inevitably the exchange rate stability.
Usual foreign exchange market congenial behavior including two parts: One is the stability is congenial, two right and wrong stabilities are congenial.They the influence like chart show to the exchange rate
(5) Central Bank intervenes
under the open market economy, the Central Bank involves the foreign exchange market to carry on the currency business directly, to the exchange rate the influence is most direct, its effect also is extremely obvious.
The usual Central Bank intervenes the foreign exchange market the measure to have four kinds:
As soon as 1. directly buys and sells foreign exchange 2. policies
and so on adjustment domestic finances, currency in the market
3. by affects the market psychology in the international scope public publication orienting opinion
累死了！！！！ 高分！！！
(1) politics situation
if a country appears the government to alternate frequently, the domestic rebellion, the war, worsen with other country foreign relations as well as meet the serious natural disaster, but these events and the disaster have not been able to obtain the active control speech, can cause the domestic economy to wither or the paralysis, causes the investor confidence to drop initiates the capital to escape, its result can cause the various countries' exchange rate to fall.
(2) news and other informations
In the foreign exchange market, a rumor or a piece of hearsay also can start the great unrest.Certain market not too mature country, the foreign exchange market is the news city in particular.The foreign exchange often the exchange rate on in the information which difficult to debate in these genuine and fake the turbulent change.
(3) psychological anticipated factor
reaches Lyons's remittance psychology according to the Arab League husband, a country currency the reason that some people want, is because it has the value, but its value size is the people the subjective appraisal which does to its marginal utility.The subjective appraisal and the psychology anticipated in fact are the identical questions.The psychology anticipated is enormous to the currency exchange rate influence, even has become the foreign exchange market exchange rate change a key aspect, so long as the people to some kind of currency psychological anticipated change, possibly can induce the large-scale fund movement in an instant.
The influence foreign exchange market swapper psychology anticipated change factor are very many, mainly has a country's economic growth rate, the international payment balance, the interest rate, the financial policy and the political situation.
(4) market plunge
speculator by chases the advantage primarily congenial behavior, affects inevitably the exchange rate stability.
Usual foreign exchange market congenial behavior including two parts: One is the stability is congenial, two right and wrong stabilities are congenial.They the influence like chart show to the exchange rate
(5) Central Bank intervenes
under the open market economy, the Central Bank involves the foreign exchange market to carry on the currency business directly, to the exchange rate the influence is most direct, its effect also is extremely obvious.
The usual Central Bank intervenes the foreign exchange market the measure to have four kinds:
As soon as 1. directly buys and sells foreign exchange 2. policies
and so on adjustment domestic finances, currency in the market
3. by affects the market psychology in the international scope public publication orienting opinion
累死了！！！！ 高分！！！
第3个回答 2010-02-06
Second, non-economic agent
(1) politics situation
if a country appears the government to alternate frequently, the domestic rebellion, the war, worsen with other country foreign relations as well as meet the serious natural disaster, but these events and the disaster have not been able to obtain the active control speech, can cause the domestic economy to wither or the paralysis, causes the investor confidence to drop initiates the capital to escape, its result can cause the various countries' exchange rate to fall.
(2) news and other informations
In the foreign exchange market, a rumor or a piece of hearsay also can start the great unrest.Certain market not too mature country, the foreign exchange market is the news city in particular.The foreign exchange often the exchange rate on in the information which difficult to debate in these genuine and fake the turbulent change.
(3) psychological anticipated factor
reaches Lyons's remittance psychology according to the Arab League husband, a country currency the reason that some people want, is because it has the value, but its value size is the people the subjective appraisal which does to its marginal utility.The subjective appraisal and the psychology anticipated in fact are the identical questions.The psychology anticipated is enormous to the currency exchange rate influence, even has become the foreign exchange market exchange rate change a key aspect, so long as the people to some kind of currency psychological anticipated change, possibly can induce the large-scale fund movement in an instant.
The influence foreign exchange market swapper psychology anticipated change factor are very many, mainly has a country's economic growth rate, the international payment balance, the interest rate, the financial policy and the political situation.
(4) market plunge
speculator by chases the advantage primarily congenial behavior, affects inevitably the exchange rate stability.
Usual foreign exchange market congenial behavior including two parts: One is the stability is congenial, two right and wrong stabilities are congenial.They the influence like chart show to the exchange rate
(5) Central Bank intervenes
under the open market economy, the Central Bank involves the foreign exchange market to carry on the currency business directly, to the exchange rate the influence is most direct, its effect also is extremely obvious.
The usual Central Bank intervenes the foreign exchange market the measure to have four kinds:
As soon as 1. directly buys and sells foreign exchange 2. policies
and so on adjustment domestic finances, currency in the market
3. by affects the market psychology in the international scope public publication orienting opinion
(1) politics situation
if a country appears the government to alternate frequently, the domestic rebellion, the war, worsen with other country foreign relations as well as meet the serious natural disaster, but these events and the disaster have not been able to obtain the active control speech, can cause the domestic economy to wither or the paralysis, causes the investor confidence to drop initiates the capital to escape, its result can cause the various countries' exchange rate to fall.
(2) news and other informations
In the foreign exchange market, a rumor or a piece of hearsay also can start the great unrest.Certain market not too mature country, the foreign exchange market is the news city in particular.The foreign exchange often the exchange rate on in the information which difficult to debate in these genuine and fake the turbulent change.
(3) psychological anticipated factor
reaches Lyons's remittance psychology according to the Arab League husband, a country currency the reason that some people want, is because it has the value, but its value size is the people the subjective appraisal which does to its marginal utility.The subjective appraisal and the psychology anticipated in fact are the identical questions.The psychology anticipated is enormous to the currency exchange rate influence, even has become the foreign exchange market exchange rate change a key aspect, so long as the people to some kind of currency psychological anticipated change, possibly can induce the large-scale fund movement in an instant.
The influence foreign exchange market swapper psychology anticipated change factor are very many, mainly has a country's economic growth rate, the international payment balance, the interest rate, the financial policy and the political situation.
(4) market plunge
speculator by chases the advantage primarily congenial behavior, affects inevitably the exchange rate stability.
Usual foreign exchange market congenial behavior including two parts: One is the stability is congenial, two right and wrong stabilities are congenial.They the influence like chart show to the exchange rate
(5) Central Bank intervenes
under the open market economy, the Central Bank involves the foreign exchange market to carry on the currency business directly, to the exchange rate the influence is most direct, its effect also is extremely obvious.
The usual Central Bank intervenes the foreign exchange market the measure to have four kinds:
As soon as 1. directly buys and sells foreign exchange 2. policies
and so on adjustment domestic finances, currency in the market
3. by affects the market psychology in the international scope public publication orienting opinion
第4个回答 2010-02-05
Second, non-economic factors
(A) the political situation in the
If a country that government often change, domestic rebellion, war, diplomatic relations with other countries experiencing serious deterioration of natural disasters, and these events and disasters, has not been effectively controlled, it would led to economic contraction or paralysis, leading to decline in investor confidence triggered by capital flight, and the results will lead to countries in the exchange rate down.
(B) the news and other information
In the foreign exchange market, a rumor or a grapevine will be created quite a stir. In particular, certain countries are not very mature market, the foreign exchange market is the "city of the message." Exchange from time to time the exchange rate in these true and false information in the volatile changes in Nanbian.
(C) Psychological factors is expected to
In accordance with the exchange Abda Lyon psychology, a country's currency was to be the reason why is because it is valuable, but its value is that the people of their marginal utility the size of the subjective evaluation. Subjective evaluation and psychological expectations, in fact the same issue. Psychological expectations of the impact of currency exchange rates greatly, and even the foreign exchange market exchange rate movements has become a key factor, as long as people's psychological expectations of a particular currency changes, twinkling of an eye may be induced by large-scale capital movements.
The psychological impact of the foreign exchange market trading is expected to change in a number of factors, mainly a country's economic growth rate, balance of payments, interest rates, fiscal policy and the political situation.
(D) market speculation
Speculators to profit-driven behavior-based speculation is bound to affect the exchange rate stability.
The foreign exchange market speculation typically consists of two parts: First, the stability of speculation, the stability of two non-speculative. Their degree of influence on the exchange rate as shown:
(5) central bank intervention
In an open market economy, central banks intervene in the foreign exchange market currency trading directly on the exchange rate impact is the most direct, the effect is very obvious.
Usually the central bank intervention in foreign exchange markets, measures four categories:
1. Directly in the market buying and selling foreign exchange
2. The adjustment of domestic fiscal and monetary policies
3. Published at the international-oriented rhetoric to an impact on market psychology
(A) the political situation in the
If a country that government often change, domestic rebellion, war, diplomatic relations with other countries experiencing serious deterioration of natural disasters, and these events and disasters, has not been effectively controlled, it would led to economic contraction or paralysis, leading to decline in investor confidence triggered by capital flight, and the results will lead to countries in the exchange rate down.
(B) the news and other information
In the foreign exchange market, a rumor or a grapevine will be created quite a stir. In particular, certain countries are not very mature market, the foreign exchange market is the "city of the message." Exchange from time to time the exchange rate in these true and false information in the volatile changes in Nanbian.
(C) Psychological factors is expected to
In accordance with the exchange Abda Lyon psychology, a country's currency was to be the reason why is because it is valuable, but its value is that the people of their marginal utility the size of the subjective evaluation. Subjective evaluation and psychological expectations, in fact the same issue. Psychological expectations of the impact of currency exchange rates greatly, and even the foreign exchange market exchange rate movements has become a key factor, as long as people's psychological expectations of a particular currency changes, twinkling of an eye may be induced by large-scale capital movements.
The psychological impact of the foreign exchange market trading is expected to change in a number of factors, mainly a country's economic growth rate, balance of payments, interest rates, fiscal policy and the political situation.
(D) market speculation
Speculators to profit-driven behavior-based speculation is bound to affect the exchange rate stability.
The foreign exchange market speculation typically consists of two parts: First, the stability of speculation, the stability of two non-speculative. Their degree of influence on the exchange rate as shown:
(5) central bank intervention
In an open market economy, central banks intervene in the foreign exchange market currency trading directly on the exchange rate impact is the most direct, the effect is very obvious.
Usually the central bank intervention in foreign exchange markets, measures four categories:
1. Directly in the market buying and selling foreign exchange
2. The adjustment of domestic fiscal and monetary policies
3. Published at the international-oriented rhetoric to an impact on market psychology
第5个回答 2010-02-05
自己翻译、 笨B 、 衮你吗
