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.
Event to watch out for today: 21:00 USD - FOMC Minutes EURUSD: EUR/USD continues its winning streak as the US Dollar (USD) is experiencing downward pressure, which in turn is supporting the Euro-Dollar pair. The pair rose to the 1.0810 level during the Asian session on Wednesday. Higher US bond yiel
Event to watch out for today: 21:00 USD - FOMC Minutes GBPUSD: The Pound-Dollar pair rises above the 1.2600 mark during the early Asian session on Wednesday. Optimistic comments from Bank of England (BoE) Governor Andrew Bailey boosted the Pound Sterling (GBP). The major pair is currently trading ne
Event to watch out for today: 21:00 USD - FOMC Minutes USDJPY: The Japanese Yen (JPY) continues its sideways price consolidation in the Asian session on Wednesday and remains in a weekly range against its US counterpart. The recent dip below the psychological 150.00 mark, along with the cautious mar