The currency market may decline for several reasons related to economic and political factors. Among the common reasons:
1. **Economic fluctuations:** Reports of a lack of economic growth or rising inflation may lead to a decrease in confidence in currencies.
2. **Monetary policies:** Central bank decisions regarding interest rates can significantly impact the value of currencies. If there is an expectation of rising interest rates, this may lead to a decrease in the value of certain currencies.
3. **Political events:** Political crises or instability can lead to a downturn in the currency market.
4. **Supply and demand:** If the supply of a particular currency increases or demand for it decreases, this can affect its value.