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 |
15 March | Events to pay attention to today: 17:00 EET. USD - Michigan Consumer Sentiment EURUSD: The EUR/USD pair continued its downtrend for the second day in a row, hitting a weekly low of 1.0870 during Friday's Asian session. The EUR/USD's decline can be explained by the strengthening of the US Dollar, wh | Events to pay attention to today: 17:00 EET. USD - Michigan Consumer Sentiment GBPUSD: The GBP/USD continues to slide around the mid 1.2700's in early Asian trading on Friday. The major pair is sinking to multi-day lows near the 1.2740 level, as the dollar recovers following the release of strong e | Events to pay attention to today: 17:00 EET. USD - Michigan Consumer Sentiment USDJPY: The Japanese Yen (JPY) extended its downtrend against the US Dollar for a fourth consecutive day on Friday, falling to a one-week low during the Asian session. Diminished chances of an imminent change in Bank of |
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