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.
22 - 26 December |
weekly
forecast 22 - 26
December Euro The European political events still hold back the euro growth. The Greek parliament failed to elect a president in the first round of voting (Stavros Dimas). The Greek three-year bond yields rose from 9.75% to 10.13%. In addition, three creditors approved the new Greece budget. Switzerland h | ||
2014 | EURUSD | GBPUSD | USDJPY |
26 December | |||
Euro The European currency traded different directional against the dollar. The good US economic indicators put pressure on the euro as well as the economic releases absence. Our attention will be draw to the France employment release that is likely once again will point out to the negative dynamics, denoting an increase in the unemployed army. After breaking through the support at the level of 1 | |||
24 December | |||
23 December | |||
22 December | |||