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.
13 - 17 September |
weekly
forecast 13 - 17
September | ||
2021 | EURUSD | GBPUSD | USDJPY |
17 September | EURUSD trading plan: US retail sales rose 0.7% last month. Data for July was revised down to show retail sales declining 1.8% instead of 1.1% as previously reported. Sales increased 15.1% from a year ago and are 17.7% above their pre-pandemic level. They are holding up even as spending is shifting | GBPUSD trading plan: U.S. government bond yields rose after a surprisingly strong reading in retail sales lifted some concerns about growth in the world's largest economy. US retail sales rose 0.7% last month. The National Retail Federation said the rise in sales despite the headwinds reflected the | USDJPY trading plan: Gold slid nearly 3% and silver lost over 5% as strong U.S. retail sales data boosted the dollar and gave ammunition to bets that the Federal Reserve may hasten its tapering. This is a positive signal for the dollar, since the US currency has an inverse correlation with precious |
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