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.
08 - 12 June |
weekly
forecast 08 - 12
June | ||
2020 | EURUSD | GBPUSD | USDJPY |
11 June | EURUSD trading plan: We are expecting an uptrend to develop. The Federal Reserve left its benchmark rate unchanged in the range of 0% to 0.25%. The low-rate environment will continue for some time, with policymakers backing rates to remain unchanged through 2022. The Fed's interest-rate outlook for | GBPUSD trading plan: Britain is seeking a trading relationship with the European Union that is too close to that of an EU member, the EU's Brexit negotiator Michel Barnier said, urging London to adjust its demands in the four months left to reach a deal. "The truth is that in many areas (Brita | USDJPY trading plan: A bullish rally in the gold market will have a negative impact on the value of USDJPY. The currency pair and the precious metal have an inverse correlation. The National Bureau of Economic Research declared earlier this week that the U.S. economy had entered a recession in Febr |
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