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.
2023 | EURUSD | GBPUSD | USDJPY |
17 November | EURUSD trading plan: Traders will nervously await a review of Italy's ratings on Friday. Moody's rates Italy Baa3, just one notch above non-investment grade, and has had Rome on a negative outlook since August 2002. A downgrade would not only trigger a surge in Italy's bond yields and sink the stoc | GBPUSD trading plan: Oil prices were little on track for their fourth straight week of losses after tumbling about 5% to a four month-low on worries over global demand. Non-core OPEC supply has been much stronger than expected, partly offset by OPEC cuts. Prompt monthly spreads for both contracts h | USDJPY trading plan: After strong growth in previous months, US retail sales slowed slightly in October. The main factor was a decline in car sales and sales of household goods, which is logical given weak housing sales with interest rates at 7-8%. However, consumer spending remained strong, with i |
16 November | |||
15 November | |||
14 November | |||
13 November |