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 December |
weekly
forecast 08 - 12
December Euro The ECB left its key interest rate unchanged at the record low the last Thursday, strengthening its position that presupposes that the cost of borrowing cannot be reduced even more. It has led to the euro buying against the US dollar that until then updated other annual lows. According to t | ||
2014 | EURUSD | GBPUSD | USDJPY |
12 December | |||
Euro The dollar grew against the euro. Earlier the euro was persistently rising against the dollar in the absence of any fundamental supports. The EU statistics will show the November and France final November inflation assessment. It is assumed that we will not see changes in the initial results, the first and the second EU economy consumer price index (CPI) will remain the same + 0.4% y/y and 0 | |||
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