Factor of the Day

Factor of the Day is a daily designation used in forex trading to highlight a specific currency pair that is expected to experience notable price movement or volatility. It reflects the current market conditions, news, or economic indicators influencing that particular pair. Traders pay attention to this factor to identify potential trading opportunities or risks, as the "Factor of the Day" often guides their decision-making process, helping them stay informed about the day’s most impactful currency development.