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.
16 - 20 June |
weekly
forecast 16 - 20
June Euro The euro was steady against the dollar on Friday as disappointing data on consumer sentiment in the U.S. boosted demand for the dollar, while the concern about the violence in Iraq continues to exert pressure. The euro gained some support after the data release which showed that industrial | ||
2014 | EURUSD | GBPUSD | USDJPY |
20 June | |||
Euro The Fed disappointed the "bulls", the downtrend is still in force and has not been canceled. In the absence of important macroeconomic statistics publication from the Eurozone and the U.S. – the investors will focus on the ECB President Mario Draghi speech. Two weeks have passed since the monetary regulator last meeting, during which we received a negative macroeconomic statistics again. In | |||
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