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: We are expecting the uptrend to continue. Federal Reserve planning to hold interest rates near zero until at least 2023 and Congress working on another fiscal boost, a pocket of the debt market is starting to see consumer prices modestly over 2% in years to come. In the United
GBPUSD trading plan: The U.K. government said a round of informal EU trade talkswere “useful,” as European Commission President Ursula von der Leyen told the she’s “convinced” a deal is possible. Talks on a new trade deal from 2021 have made little progress ahead of an EU deadline of end-October, w
USDJPY trading plan: U.S. consumer sentiment improved in early September. The University of Michigan said its consumer sentiment index rose to 78.9 in the first half of this month from a final reading of 74.1 in August. U.S. economy is recovering. The Federal Reserve to pledge to keep rates near ze