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 |
31 Juli | EURUSD trading plan: Positive macroeconomic statistics from the Euro zone force investors to increase their long positions in the European currency. The European Commission said economic sentiment rose to 82.3 points in July from an upwardly revised 75.8 in June, beating investor’s expectations of | GBPUSD trading plan: Negative macroeconomic statistics from the United States have a positive impact on the value of the British currency. U.S. GDP declined at an annualized rate of 32.9% in the second quarter of 2020, less bad than the expected decline of 34.5%, but still the biggest decline on re | USDJPY trading plan: The bullish rally in the gold market has a negative impact on the value of USDJPY. Safe-haven demand remains steady after a disastrous second quarter US GDP reading, consistently high weekly jobless claims figures, and partisan politics preventing progress toward a virus relief |
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27 Juli |