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: 15:30 EET USD - PPI m/m EURUSD: The EUR/USD pair is falling back after two consecutive days of gains. This can be attributed to market optimism, despite disappointing retail sales data from the US. Nevertheless, the market is showing confidence in the US Dollar (USD) a
Events to watch out for today: 09:00 EET GBP - Retail Sales m/m 15:30 EET USD - PPI m/m GBPUSD: The GBP/USD pair is facing difficulty in surpassing the 1.2600 level and gaining momentum. During the Asian session on Friday, there was some selling pressure. Currently, spot prices are trading at aroun
Event to watch out for today: 15:30 EET USD - PPI m/m USDJPY: During the Asian session on Friday, the Japanese yen (JPY) is losing ground against the US dollar, giving up some of the gains it made in the past two days after hitting a year-to-date low earlier this week. The uncertainty surrounding t