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.
2020 | EURUSD | GBPUSD | USDJPY |
10 January | EURUSD trading plan: We are expecting a downtrend to develop. The decision from the president United States to opt for sanctions rather than military response sent safe-haven assets down, while stocks and other risk assets recovered. Trump said the U.S. "will immediately impose additional punishing | GBPUSD trading plan: The Bank of England Governor Mark Carney signaled that an interest-rate cut could still be on the horizon. This is a negative signal for the British currency. The central bank was debating the merits of near-term stimulus, adding that a rebound from Brexit uncertainty wasn’t gu | USDJPY trading plan: A bullish rally in the U.S. stock market will have a positive impact on the value of USDJPY. New applications for U.S. jobless benefits fell more than expected last week. Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 214,000 for the week |
09 January | |||
08 January | |||
06 January |