Forex Fundamental analysis

Fundamental analysis is a way of looking at the market by analyzing economic and political forces, social, and other external events, and factors that may affect currency prices right now and might happen in the future. Financial and economic statistics, information about the economic course of the government, meetings and the interest rates of Central banks, possible political events in the country, as well as all kinds of expectations and rumours are the most important things in fundamental analysis.

All these events shape supply and demand that determine prices, or in our case, the currency exchange rate. Fundamental analysis can show you how and why some events like an increase in the unemployment rate affect the economy and monetary policy of the country, which ultimately affect the level of demand for its currency.

The main idea behind fundamental analysis is that if a country’s economic outlook is favourable, its currency should strengthen.

The fundamental approach allows analyzing both short- and long-term perspectives.

07.07.2020

The Euro is looking pretty energetic. Overview for 07.07.2020

On Monday, the major currency pair remains exhilarated.
07.07.2020

The Aussie is strong but further upward movement is questionable. Overview for 07.07.2020

AUDUSD managed to grow a little bit on Tuesday but seems to be losing its positive momentum.
06.07.2020

The Pound is looking up. Overview for 06.07.2020

On Monday, GBPUSD is intent on further growth but saving strengths so far.
03.07.2020

The Euro fell down a little bit. Overview for 03.07.2020

EURUSD is entering today’s session with a slight decline; the end of the trading week is expected to be calm.
02.07.2020

The Euro managed to avoid collapse. Overview for 02.07.2020

EURUSD was okay with falling but everything worked out.
01.07.2020

The Euro is back to falling. Overview for 01.07.2020

EURUSD is retreating on Wednesday afternoon; investors are trying to avoid risks.
01.07.2020

The Australian Dollar is not afraid of the virus. Overview for 01.07.2020

AUDUSD is moving upwards on Wednesday afternoon despite some alarming news about the outbreak.
30.06.2020

The Euro keeps on trying to rise. Overview for 30.06.2020

The major currency pair is barely moving on Tuesday but obviously looking for reasons to grow.