The total number of securities or contracts traded in a specific period. Trading volume is an important indicator. When there is no big problem in the market, the trading volume is basically a random function, which has nothing to do with the price.
When there is a big fluctuation and the trading volume suddenly increases, if the exchange rate is at the support point, then the big sale can't lay the exchange rate, but as long as the big purchase, the exchange rate will rise immediately. or vice versa, Dallas to the auditorium Therefore, the distribution of firepower can be roughly analyzed through the change of trading volume and the distribution of exchange rate.
Exchange rate refers to the exchange rate between two currencies, and can also be regarded as the value of one country's currency against another's currency. Specifically, it refers to the ratio or parity between one country's currency and another country's currency, or the price of another country's currency expressed in one country's currency.
Exchange rate changes have a direct regulatory effect on a country's import and export trade. On July 9, 2020, both onshore and offshore RMB exchange rates against the US dollar regained the 7.0 mark and returned to the 6 th era. In 2002 1 year, the average annual exchange rate of RMB was1USD to 6.45 15 RMB, an increase of 6.9% over the previous year.
The role and influence of exchange rate;
Generally speaking, the reduction of the local currency exchange rate, that is, the depreciation of the foreign ratio of the local currency, can promote exports and curb imports; If the exchange rate of local currency rises, that is, the ratio of local currency to the outside world rises, which is beneficial to imports and unfavorable to exports. From the perspective of imported consumer goods and raw materials, the decline of exchange rate will cause the domestic price of imported goods to rise.
As for the impact on the overall price index, it depends on the proportion of imported goods and raw materials in the gross national product. On the other hand, other things being equal, the price of imported goods may fall, and its influence on the overall price index depends on the proportion of imported goods and raw materials in the gross national product.
Short-term capital flows are often greatly influenced by exchange rates. When the local currency depreciates, domestic investors and foreign investors are unwilling to hold various financial assets denominated in local currency, and will convert them into foreign exchange, leading to capital outflow.