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.
15 - 19 May |
weekly
forecast 15 - 19
May | ||
2023 | EURUSD | GBPUSD | USDJPY |
19 May | EURUSD trading plan: U.S. inflation does not look like it is cooling fast enough to allow the Federal Reserve to hit pause on the interest-rate hike campaign it began more than a year ago, two Fed policymakers said. The remarks, from Dallas Federal Reserve Bank President Lorie Logan and St. Louis F | GBPUSD trading plan: U.S. existing home sales dropped 3.4% to a seasonally adjusted annual rate of 4.28 million units last month, the National Association of Realtors said. Sales fell in all four regions. Home resales, which account for a big chunk of U.S. housing sales, tumbled 23.2% on a year-on- | USDJPY trading plan: The steep decline in weekly jobless claims reported by the U.S. Labor Department reversed the surge in the prior week, which had boosted them to the highest level since Oct. 30, 2021. That increase was largely blamed on an unusual jump in applications for unemployment insurance |
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