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.

31.08.2023

AUD: not a step back. Overview for 31.08.2023

AUDUSD needs to continue correcting.
31.08.2023

EURUSD has risen. Overview for 31.08.2023

EURUSD recovered after a decline.
30.08.2023

GBP gains a foothold. Overview for 30.08.2023

GBPUSD has stabilised following a phase of selling.
30.08.2023

EUR managed to recover. Overview for 30.08.2023

The EURUSD pair rose on weak US statistical data.
29.08.2023

JPY is falling with dignity. Overview for 29.08.2023

USDJPY is consolidating at new highs.
28.08.2023

EURUSD gains foothold. Overview for 28.08.2023

EURUSD stabilised following a challenging week.
25.08.2023

GBP hits seven-week lows. Overview for 25.08.2023

GBPUSD continues to test new lows.
24.08.2023

USD appears strong. Overview for 24.08.2023

EURUSD remains under pressure