Currency volatility a major issue
Among various risk factors, currency volatility can be a great source of hazard for a forex trader. Usually, a foreign currency exchange trader requires handling currency volatility with the effective prevention methods while volatility is cleared as the assessment of price deviation of various currency pairs traded in the forex. There can be diverse techniques that can help a retail trader to deal with both big and undersized price variations.
Yes the volatility is an important aspect to consider, as the more volatile a currency is the higher the risk for the trader.
Aug 03, 2021 18:03