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.
2020 | EURUSD | GBPUSD | USDJPY |
06 November | EURUSD trading plan: German industrial output increased by 1.6% on the month, figures released by the Federal Statistics Office showed. The economy grew by a record 8.2% in the third quarter on higher consumer spending and exports, but an aggressive second wave of infections and a new partial lockd | GBPUSD trading plan: The Federal Reserve is committed to using its full range of tools to support the U.S. economy. The Federal Reserve decided to keep the target range for the federal funds rate at 0 to 1/4 percent and expects it will be appropriate to maintain this target range until labor market | USDJPY trading plan: Democratic presidential candidate Joe Biden gained more ground on President Donald Trump in the battleground states of Georgia and Pennsylvania, edging closer to the White House hours. Georgia and Pennsylvania officials expressed optimism they would finish counting on Friday, w |
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