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.
Events to pay attention to today: 12:00 EET. EUR - Consumer Confidence 15:30 EET. USD - Gross Domestic Product 17:30 EET. USD - EIA Crude Oil Stocks Change EURUSD: During the Asian session on Wednesday, EUR/USD is losing ground near 1.0840 as traders adopt a cautious stance before the release of th
Events to pay attention to today: 15:30 EET. USD - Gross Domestic Product 17:30 EET. USD - EIA Crude Oil Stocks Change GBPUSD: In the early Asian session on Wednesday, the GBP/USD pair is trading below the psychological 1.2700 mark in a narrow range. Later today, the US GDP growth data for the four
Events to pay attention to today: 15:30 EET. USD - Gross Domestic Product 17:30 EET. USD - EIA Crude Oil Stocks Change USDJPY: On Tuesday, the Japanese Yen (JPY) made slight gains against the US dollar following the release of better-than-expected consumer inflation data in Japan. The country's cor