Picture of the author

Fundamental analysis is one of the most complicated and at the same time critical methods of the Forex analysis. A special emphasis in this method is put on reports made by key persons of global economic arena. One of such persons is Mario Drahgi – the European Central Bank President.

Forex Fundamental Analysis

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
10
May

EURUSD: EURUSD strengthened on Thursday, charting gains for the week after the US Dollar (USD) generally declined as a rise in US jobless claims sparked fresh hopes of a rate cut by the Federal Reserve (Fed). Initial jobless claims in the US rose to 231k in the week ending May 3, the highest sinc

An event to look out for today: 09:00 GMT+3. GBP - Change in GDP volume GBPUSD: GBPUSD is showing modest gains near 1.2520 in the early Asian session on Friday. The major pair is bouncing off the lows of 1.2445 after the Bank of England (BoE) made a dovish decision. Today, attention will shift to

USDJPY: USDJPY is trading near 155.70 on Friday in the early hours of Asian trading. Renewed demand for the US dollar (USD) is lifting the pair. However, verbal intervention and hawkish commentary from Bank of Japan (BOJ) Governor Kazuo Ueda may limit the decline in the Japanese Yen (JPY) for now

09
May
08
May
07
May
06
May
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .