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.
02 - 06 June |
weekly
forecast 02 - 06
June Euro The apparent lack of dynamics and expectations from the ECB which will be held on June 5 is quite likely to lead the pair to the local consolidation top with a tendency to the price growth. The Germany industrial sector will be published on Monday. The labor market data will come out on Tu | ||
2014 | EURUSD | GBPUSD | USDJPY |
06 June | |||
Euro The ECB announced its meetings results. The ECB decided to lower all rates. The market showed a high volatility after still it has not chosen the direction yet. We expect a relaxed trade within a narrow range. It should be noted that the negative macroeconomic statistics from the Eurozone inflation leaves the ECB choice. The longer the inflationary pressure compression observes, the stronge | |||
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