Fundamental analysis in Forex allows to analyze various messages rendered by global events. The major goal of the fundamental Forex analysis is to determine which events can influence international exchange rates. News about stock trading and large market‐makers, international exchange rates of central banks, economic policy of governments, changes in national political life as well as various rumors and expectations matter for this type of Forex analysis.
Fundamental analysis is one of the most complicated and at the same time crucial types of the live Forex analysis. Success of the Forex fundamental analysis lays in determination of a clear mutual relation between two national currencies. For that purpose, one needs to understand how relations between those two states develop, know history of currency exchange rates, be able to forecast a total result and find a relation between events seeming to be completely untied at the first sight.
2024 | EURUSD | GBPUSD | USDJPY |
07 November | Event to pay attention to today: 21:00 EET. USD - FOMC Rate Decision EURUSD: The EUR/USD pair has retained its value following a decline of approximately 2% in the previous session, with a trading price of around 1.0740 during the Asian session on Thursday. There is a possibility that the EUR/USD | Events to pay attention to today: 14:00 EET. GBP - Bank of England Interest Rate Decision 21:00 EET. USD - FOMC Rate Decision GBPUSD: The GBP/USD pair saw some buying activity during the Asian session on Thursday, resulting in a move away from the lowest level since mid-August, around 1.2835-1.2830 | Event to pay attention to today: 21:00 EET. USD - FOMC Rate Decision USDJPY: The Japanese Yen (JPY) is experiencing difficulty in registering a notable recovery against its US counterpart and is currently trading at a level approaching its lowest point since 30 July. The Bank of Japan's (BoJ) limit |
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04 November |