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.
13 - 17 October |
weekly
forecast 13 - 17
October Euro The US positive news has put pressure on the euro and then the ECB President Mario Draghi stated that the bank's management would unanimously support further softening measures if it was necessary and the inflation growth would be ensured from the current low levels. The positive report abo | ||
2014 | EURUSD | GBPUSD | USDJPY |
17 October | |||
Euro Eurozone will publish the August trade balance report. We can expect the data output slightly worse than the forecasted medians that will have a moderate pressure on the single European currency. We still observe sales on the "black gold" market that is a negative factor for the single European currency and the US dollar as the inflation expectations are falling. Attempts to renew the pair g | |||
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