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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.

04 - 08
April
weekly
forecast
04 - 08
April

Forecast for the week April 4 - April 8: XAU/USD: In my opinion, growth of quotations should be used to build short positions. Now we have no positive news for this metal. First, based on results of the past week, yield on 10-years' US bonds, which is closely linked to XAU/USD dropped by 0.1

2016 EURUSD GBPUSD USDJPY
04
April

The events we need to pay attention to today 7.30 am, GMT. United Kingdom: PMI index for the construction sector in March (the previous index was 54.2, forecast is 54.3). 7.00 am, GMT. Eurozone: the unemployment rate for February (the previous index was 10.3%; forecast is 10.3%). EUR/USD: The last Friday, bears run the first counterattack for the the past few trading days. Today I expect drop of

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