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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.

29 December 2014 - 02 January 2015
weekly
forecast
29 December 2014 - 02 January 2015

Euro The pair EUR/USD rebounded upwards several times, starting from the two-year low of 1.2160-1.2180 having reached the high of 1.2200-1.2220. Then the pair fell with a gap. The US dollar regained success amid the Tuesday gross domestic product release that showed the US higher economic growth

2014 - 2015 EURUSD GBPUSD USDJPY
30
December

Euro The euro continued to fall against the dollar and is very close to the two-year low. The manufacturing sphere final PMI assessment will attract our attention and the euro area as a whole. The lending data can also be very interesting for us - we assume there was a negative result in the annual comparison, but with less volumes, -0.9% y/y vs. -1.1% y/y. The pair euro/dollar remained under pre

29
December
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