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.
31 May - 04 June |
weekly
forecast 31 May - 04
June | ||
2021 | EURUSD | GBPUSD | USDJPY |
04 June | EURUSD trading plan: A bearish rally in the precious metals market will have a negative impact on the value of the euro, as the European currency correlates with gold. Positive U.S. employment data buoyed the dollar and bond yields, and investors remained concerned about a potential pullback of sti | GBPUSD trading plan: British employers took on permanent staff last month at the fastest rate since records started being kept in the late 1990s. A fresh survey showed in another sign that the economy is rebounding swiftly from the COVID-19 pandemic. Starting salaries rose last month at the fastest | USDJPY trading plan: U.S. President Joe Biden offered to scrap his proposed corporate tax hike during negotiations with Republicans, in what would be a major concession by the Democratic president as he works to hammer out an infrastructure deal. Biden offered to drop plans to raise corporate tax r |
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31 May |