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.

30.12.2022

JPY cannot be sustained by interventions. Overview for 30.12.2022

USDJPY reacts to the decisions of the Bank of Japan but not as noticeably as before.
29.12.2022

USD got its fans. Overview for 29.12.2022

EURUSD has left weekly highs.
28.12.2022

JPY does retreat. Overview for 28.12.2022

USDJPY recovers very cautiously after a crash.
27.12.2022

JPY is vigorous. Overview for 27.12.2022

USDJPY remains depressed due to the interventions of the Bank of Japan.
26.12.2022

EUR celebrating Christmas. Overview for 26.12.2022

EURUSD remains neutral on the thin market.
23.12.2022

EUR returned to starting point. Overview for 23.12.2022

EURUSD failed to gather powers for growth and returned to a neutral position.
22.12.2022

EUR is advancing again. Overview for 22.12.2022

EURUSD started growing after a pause.
22.12.2022

GBP is inclined down. Overview for 22.12.2022

GBPUSD looks quite good but has started to get weaker.