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.
EURUSD trading plan: Gold rose more than 1% as a retreat in the dollar and geopolitical tensions surrounding Ukraine burnished safe-haven bullion's appeal, sparking a rally in precious metals. U.S. Secretary of State Antony Blinken said earlier in the day Russia could launch a new attack on Ukraine
GBPUSD trading plan: Inflation in Britain rose faster than expected to its highest in nearly 30 years in December. The annual rate of consumer price inflation increased to 5.4% from November's 5.1%, the highest since March 1992, the Office for National Statistics said. Financial markets now price i
USDJPY trading plan: Bank of Japan kept its interest rate targets unchanged. U.S. Treasury yields extended gains during. The 10-year yields hitting their highest since January 2020, as traders prepared for the Federal Reserve to be more aggressive in tackling unabated inflation. This is a positive