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.
07 - 11 March |
weekly
forecast 07 - 11
March | ||
2022 | EURUSD | GBPUSD | USDJPY |
11 March | EURUSD trading plan: The ECB interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.50% respectively. the Governing Council expects the key ECB interest rates to remain at their p | GBPUSD trading plan: British consumers spent the most since Christmas on their credit and debit cards earlier this month, due to the soaring cost of fuel and increased spending on food and other utilities. Spending in the week to March 3 jumped by 10 percentage points from the week before to 102% o | USDJPY trading plan: Japan's wholesale inflation accelerated in February at the fastest pace in roughly four decades on rising fuel costs, a sign inflationary pressures were building up. The recent war-driven spike in goods prices ranging from oil, to metals to grain will likely keep pushing up who |
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