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 ECB has published fresh statistics on the change in assets on the balance sheet. The indicator increased by €30.9 billion in a week, against of €5.38 billion a week earlier. An increase in the money supply in Europe will have a negative impact on the value of the euro. Mean
GBPUSD trading plan: Business volumes in UK financial services grew for the first time in two years during the final quarter of 2020 when firms shed staff and remote working in the pandemic spurred reviews of office space, a fresh survey showed. Firms expect business volumes to grow at a slightly q
USDJPY trading plan: Asian shares climbed to a record high, as U.S. Treasury Secretary nominee Janet Yellen advocated for a hefty fiscal relief package to help the world's largest economy ride out a pandemic-driven slump. MSCI's Asia-Pacific index outside Japan rose 0.95%, reaching its highest leve