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: Dallas Federal Reserve President Robert Kaplan on Monday reiterated his view that he does not expect interest rates to rise until next year. The benchmark 10-year U.S. Treasury yield stood at 1.64%, extending a pullback from a five-week high reached last week. This is a negativ
GBPUSD trading plan: Britain's unemployment rate unexpectedly fell again to 4.8% between January and March, a period which the country spent under a tight COVID lockdown. The data added to signs that Britain's labour market has not suffered the severe hit feared at the onset of the coronavirus pand
USDJPY trading plan: Japan’s recovery stalled last quarter, with the economy shrinking for the first time since last year’s pandemic collapse. Gross domestic product shrank an annualized 5.1% from the prior quarter in the three months through March, ending a two-quarter streak of double-digit growt