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.

21.12.2022

EURUSD got Zen. Overview for 21.12.2022

EURUSD remains neutral while the market is doing other things.
21.12.2022

JPY: enveloped in interventions. Overview for 21.12.2022

USDJPY remains weak after the decisions of the Bank of Japan.
20.12.2022

JPY is growing. Overview for 20.12.2022

USDJPY is sliding down after the decision of the Bank of Japan was announced.
20.12.2022

GBP has retreated. Overview for 20.12.2022

GBPUSD has stabilised after the meeting of the Bank of England.
19.12.2022

EURUSD will remain neutral. Overview for 19.12.2022

EURUSD remained stable after statistics were published.
16.12.2022

EUR holds positions. Overview for 16.12.2022

EURUSD keeps getting stronger and counts on new highs.
15.12.2022

GBP counts on Bank of England. Overview for 15.12.2022

GBPUSD renewed 6-months highs and plans to go on growing.
15.12.2022

Everyone looks up at EUR. Overview for 15.12.2022

EURUSD played on the Fed’s decisions and is anticipating the decision of the ECB.