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.
24 - 28 July |
weekly
forecast 24 - 28
July | ||
2023 | EURUSD | GBPUSD | USDJPY |
28 July | EURUSD trading plan: The U.S. economy grew faster than expected in the second quarter as a resilient labor market supported consumer spending, while businesses boosted investment in equipment and built more factories, potentially keeping a much-feared recession at bay. Consumer spending, which acco | GBPUSD trading plan: British retail sales fell in July at the fastest rate since April 2022 and stores are bracing for worse times ahead, with many chains cutting orders placed with suppliers, an industry fresh survey showed. The Confederation of British Industry's monthly balance of retail sales, | USDJPY trading plan: The Bank of Japan made its yield curve control policy more flexible and loosened its defence of a long-term interest rate cap, in moves seen by investors as a prelude to an eventual shift away from massive monetary stimulus. While the central bank kept ultra-low interest rates |
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