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.
08 - 12 May |
weekly
forecast 08 - 12
May | ||
2023 | EURUSD | GBPUSD | USDJPY |
12 May | EURUSD trading plan: Euro zone consumers raised their inflation expectations in March for the first time since the autumn, even as the rate of price growth fell and the European Central Bank kept raising interest rates, an ECB survey showed. The median respondent in the latest Consumer Expectation | GBPUSD trading plan: The Bank of England raised its key interest rate by a quarter of a percentage point to 4.5% and Governor Andrew Bailey said the British central bank would "stay the course" as it seeks to curb the highest inflation of any major economy. The BoE is no longer predicting | USDJPY trading plan: The number of Americans filing new claims for unemployment benefits jumped to a 1-1/2-year high last week, pointing to cracks in the labor market as demand slows, potentially giving the Federal Reserve room to halt further interest rate increases next month. With demand cooling |
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