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: Good and bad news for the Euro. The good news is a bullish rally in the precious metals market. The Euro and gold are correlated. Moody’s downgraded Hong Kong’s credit rating. The rating agency said Monday that “the absence of tangible plans to address either
GBPUSD trading plan: Good and bad news for the British currency. Positive macroeconomic statistics from the UK will support the pound. Asking prices for U.K. homes increased by the most for any January on record in a sign that the Conservatives’ December election win boosted confidence. Value
USDJPY trading plan: We are expecting a bullish rally on the stock markets that will have a positive impact on the value of USDJPY. The Bank of Japan kept monetary policy steady and nudged up its economic growth forecasts. This is a positive signal for stock markets! The BOJ kept its short-term int