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.
02 - 06 March |
weekly
forecast 02 - 06
March Euro The euro partially tried to recover its position. The pair got under pressure after the American statistics significant block release. The US data showed that the durable goods orders volume increased by 2.8% in January after the December decrease by 3.7%. The forecasted medians assumed tha | ||
2015 | EURUSD | GBPUSD | USDJPY |
06 March | |||
Euro The euro fell sharply against the dollar and was at the new lows, at the levels where it was almost twelve years ago last time. The market is in influenced by ECB monetary policy and M. Draghi’s performance. The ECB keeps rates unchanged on the level of 0,05%. The bond purchases program for 60 milliard euro will start on March, 9. The pair euro/dollar resumed its decline, broke through the s | |||
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