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.
06 - 10 February |
weekly
forecast 06 - 10
February | ||
2023 | EURUSD | GBPUSD | USDJPY |
10 February | EURUSD trading plan: Treasury yields continued their climbs across the curve after investors pushed yields on the two-year Treasury above the 10-years by the most since the early 1980s, a sign of flagging confidence in the economy’s ability to withstand additional Fed hikes. Market pricing for US r | GBPUSD trading plan: The Office for National Statistics showed the UK economy grew slightly in two of the final three months of 2022, meaning a recession probably won’t start until this year at the earliest. While the UK still is projected to have the worst and longest slump of any Group of Seven n | USDJPY trading plan: Japan's wholesale prices in January rose 9.5% from a year earlier, data showed, adding to growing signs of inflationary strains that could keep the central bank under pressure to phase out its massive stimulus programme. While the pace of increase slowed from the previous month |
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06 February |