There are many experts who believe that Forex can operate its own without even being influenced by the data generated by stock exchanges. The voices are growing to see both the entities in their own private space. Equity market has effect on Forex but it does no affect much of it. The reasons are cited that large buyers and institutional sellers still do not have reach to equity market without passing the thick wall of regulations. The exchanges do have the investments from the locals and the nationals of the country where the exchanges operate. Forex can be and is affected by the supply and demand of oil. Oil is the most prime factor which makes value of currency go up and down. Some of the metals also have the influence. Like Gold and Iron, still affect the market of Forex while the metals are traded in local exchanges as well. There are many factors which affect Forex and those factors are not related to the business at all. Political situation can have negative and positive impact.