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.
2016 | EURUSD | GBPUSD | USDJPY |
28 Maret | |||
The events, which should pay attention to today: 00.30 pm GMT, USA: Private consumption expenditures index for February (its previous rate 0.3% m/m; forecast 0.2% m/m). Great Britain, Germany, Switzerland - bank holiday. EUR/USD: Today, we again do not see strong movements of the currency pair. The majority of financial institutions is off today. Tomorrow we can expect splash of volatility, as |