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: Eurozone gross domestic product grew by slightly more than initially estimated, data from the European statistics agency Eurostat showed, with household spending and business investment propping up the economy. Eurostat said GDP growth in the third quarter was 0.3% in the 19-co
GBPUSD trading plan: The Bank of England looks set to raise interest rates to 3.5% or more next week, but policymakers appear increasingly split on how much tightening is needed to tame double-digit inflation as the economy heads into recession. BoE Governor Andrew Bailey said further rate rises we
USDJPY trading plan: Sentiment of big Japanese manufacturers rose for the first time in four months in December, and the service-sector mood hit a three-year high, monthly poll found, in a sign of gradual recovery from COVID-19 doldrums. Reflecting uncertainty in the outlook, however, the monthly p