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.
20 - 24 December |
weekly
forecast 20 - 24
December | ||
2021 | EURUSD | GBPUSD | USDJPY |
24 December | EURUSD trading plan: The appetite for riskier assets improved on easing fears over a fallout from the Omicron coronavirus variant. This is a positive signal for European currency. An early South African study suggested reduced risks of severe disease in people infected with the Omicron variant vers | GBPUSD trading plan: On the interbank market in London, the Libor rates for pounds are higher than similar rates for the dollar, which is favorable for the growth of the GBPUSD currency pair. Additional support for the British currency will be provided by a bullish rally in the oil market, as asset | USDJPY trading plan: Consumer spending rose 0.6% last month, and the number of Americans filing new claims for unemployment benefits held below pre-pandemic levels last week. Claims dropped between the November and December survey periods, suggesting a pickup in job growth this month. A separate re |
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