Picture of the author

Fundamental analysis is one of the most complicated and at the same time critical methods of the Forex analysis. A special emphasis in this method is put on reports made by key persons of global economic arena. One of such persons is Mario Drahgi – the European Central Bank President.

Forex Fundamental Analysis

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.

29 June - 03
July
weekly
forecast
29 June - 03
July
2020 EURUSD GBPUSD USDJPY
03
July

EURUSD trading plan: Positive macroeconomic statistics from the United States will have a negative impact on the value of the euro. The U.S. Labor Department said nonfarm payrolls rose by an estimated 4.800 million in the month to mid-June, compared to an average forecast ahead of time of 3.000 mil

GBPUSD trading plan: A bullish rally in the oil market will have a positive impact on the value of the British currency, as assets correlate with each other. U.S. crude inventories fell 7.2 million barrels from a record high last week, far more than analysts had expected, U.S. Energy Information Ad

USDJPY trading plan: The bullish rally on the U.S. stock market will have a positive impact on the value of USDJPY. The U.S. labor market extended its recovery from April’s collapse in June, creating over 1.5 million more jobs. "Today's data prove that our economy is roaring back," President Donald

02
July
30
June
29
June
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .