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.

27.02.2019

The Euro updated its two weeks high and lost courage. Overview for 27.02.2019

After updating the high of February 6th, the major currency pair stopped growing.
26.02.2019

The Pound reached its four weeks highs. Overview for 26.02.2019

On Tuesday, GBPUSD continues growing; market players are discussing a possibility of another referendum.
26.02.2019

EURUSD stopped growing. Overview for 26.02.2019

On Tuesday afternoon, the major currency pair is consolidating; risks are still rather high.
25.02.2019

The Aussie is keeping steady. Overview for 25.02.2019

On Monday morning, AUDUSD is rising a little bit; the Aussie is not responding to the Chinese trade aggression.
22.02.2019

The Euro is trying to keep momentum. Overview for 22.02.2019

This week, EURUSD has been experiencing rather volatile trading sessions and is attempting to recover again of Friday.
21.02.2019

The Pound is trying to stay close to its two weeks highs. Overview for 21.02.2019

GBPUSD is moving a little bit upwards; investors are waiting for details of the Brexit agreement.
21.02.2019

The Euro is being sold again. Overview for 21.02.2019

On Thursday, the major currency pair is falling; the Euro is not in demand.
20.02.2019

The European currency reached stability. Overview for 20.02.2019

On Wednesday morning, the major currency pair is looking stable and may continue growing due to yesterday’s momentum.