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 May |
weekly
forecast 06 - 10
May | ||
2019 | EURUSD | GBPUSD | USDJPY |
10 May | EURUSD trading plan: Good news for the dollar. First of all, the Labor Department USA said on Thursday its producer price index for final demand increased 0.2 percent last month after jumping 0.6 percent in March. In the 12 months through April, the PPI increased 2.2 percent, matching March's rise. | GBPUSD trading plan: Good and bad news for the British currency. The bad news is a positive us trade balance report for March. The overall trade deficit increased 1.5 percent to $50.0 billion in March. Traders had forecast the trade shortfall widening to $50.2 billion in March. This factor will hav | USDJPY trading plan: The CBOE Volatility Index, a gauge of investor anxiety, rose to its highest level in more than three months. This is a bad signal for USD JPY. The letter received from the President of China States the need to meet and try to conclude a deal - said D. Trump on Thursday. This fa |
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