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.
2024 | EURUSD | GBPUSD | USDJPY |
22 November | EURUSD: Friday's PMI releases will dominate at the end of the week. EUR/USD declined further on Thursday, continuing to lose weight in the near term and falling to its lowest levels since November 2023. All but one of the last eight trading weeks have been in negative territory, and it appears tha | GBPUSD: The pound sterling gave up ground on the back of a poor British news calendar. Pound traders are expecting a tight data schedule on Friday. GBP/USD lost another four-tenths of a percent on Thursday, hitting six-month lows, as underlying weakness in the pound sterling leads the pair further | USDJPY: Higher market sentiment and rising US bond yields are limiting the rise of the low-yielding yen. The US Dollar is holding near its highest level in the last year and is providing support to the USD/JPY pair. The Japanese Yen (JPY) attracted buying for the second day in a row following the r |
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