This price change is determined by the fluctuation of market demand. So far, no individual, organization or country can influence the international foreign exchange price. As we all know, the stock market and futures can be manipulated, but the foreign exchange market is absolutely impossible.
The main features of the foreign exchange market are:
First, there is no definite opening and closing time.
Second, there is no need for face-to-face transactions between foreign exchange buyers and sellers, and foreign exchange supply and demand parties communicate with foreign exchange institutions through telex, telegram, telephone and other communication equipment.
Third, there is a good trust relationship between the subjects, otherwise, this transaction is difficult to complete. Except for some foreign exchange transactions between banks and customers in some European countries, foreign exchange transactions in all countries of the world are conducted through modern communication networks. Intangible foreign exchange market has become the dominant form of foreign exchange market today.