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.
EURUSD trading plan: Orders for German-made goods rose by twice as much as expected in January as robust foreign demand more than offset domestic weakness to buoy manufacturers in Europe's largest economy. The data published by the Federal Statistics Offices showed orders for industrial goods rose
GBPUSD trading plan: Treasury yields are rising because of a much stronger economic outlook, Federal Reserve officials said, playing down the need for a monetary policy response. “As a central banker I am always concerned if there is disorderly trading or something that looks panicky,” Federal Rese
USDJPY trading plan: Nonfarm payrolls surged by 379,000 jobs last month after rising 166,000 in January. A decrease in daily COVID-19 cases and hospitalizations and nearly $900 billion in stimulus provided by the government at the end of December are driving the revival in economic activity and hir