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.
05 - 09 May |
weekly
forecast 05 - 09
May Euro News on the Eurozone economy that was published last Friday, carried some positive information. Purchasing Managers' Index (PMI) for the manufacturing countries in the bloc announced that the activity increase in the sector continues to gain strength. The April Markit report showed PMI estim | ||
2014 | EURUSD | GBPUSD | USDJPY |
09 May | |||
Euro The ECB meeting results were announced - CPI growth rate in the last release was 0.7 % annualized and we do not expect changes in the monetary-credit policy now. Nevertheless, the current euro rate is a threat to the euro area economic growth recovery. German business representatives have stated that the euro rate at 1.40 has negative impact on the business climate of the region's leading e | |||
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