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: The headline IHS Markit Eurozone Composite PMI dropped for a second month running at the start of 2022, down from 53.3 in December to 52.4 in January, according to the “flash” estimate. The latest reading indicates the slowest rate of output growth since the recover
GBPUSD trading plan: Another slowdown in the service sector held back the UK economy at the start of 2022, according to the latest PMI data compiled by IHS Markit and CIPS. With hospitality, leisure and travel all struggling due to Omicron restrictions, this offset resilient growth in business and
USDJPY trading plan: Worries over a more hawkish Federal Reserve are roiling asset markets around the globe, and this week's monetary policy meeting may offer insight into how aggressive the central bank intends to be. Investors expect the Fed to signal on Wednesday that it plans to raise rates in