... assets more attractive, increasing demand for the currency. On the contrary, a soft monetary policy (lowering rates, turning on the printing press) usually weakens the national currency. Political events also play a major role in the currency market. Elections, changes in government, referendums, international agreements or conflicts – all of this can cause fluctuations in rates, as it affects investors' confidence in the country's economy. Force majeure events have a strong impact on currencies: ...