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.
03 - 07 March |
weekly
forecast 03 - 07
March The weather can distract players from Ukraine and China. The weather peak is expected on Tuesday, when the first of the four central banks is planning to organize the meeting - the Reserve Bank of Australia will announce changes in its monetary policy. The Bank of Canada will hold a meeting on Wedne | ||
2014 | EURUSD | GBPUSD | USDJPY |
07 March | |||
Euro The central Thursday’s event ECB meeting was and subsequent press conference of his head Mario Draghi. Despite the fact that the European regulator states that there is no a threat of deflation in the euro-zone - the leading indicators do not show such a joyful picture. The Consumer price index now stands at 0.8 % y/y, well below the target level 2%. The support levels: 1.3810-1.3800 and th | |||
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