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.

04.11.2021

EURUSD remains standing. Overview for 04.11.2021

EURUSD survived the US Fed meeting quite successfully; investors got what they wanted.
03.11.2021

EURUSD dropped a little bit. Overview for 03.11.2021

EURUSD fell yesterday and is currently consolidating in anticipation of the Fed’s decisions.
02.11.2021

The Aussie is falling. Overview for 02.11.2021

AUDUSD is falling after the RBA November meeting.
02.11.2021

The “greenback” retreated again. Overview for 02.11.2021

EURUSD has recovered and is trying to reach stability.
01.11.2021

EURUSD dropped and just can’t recover. Overview for 01.11.2021

EURUSD plunged after the US statistics on prices.
29.10.2021

The Euro skyrocketed. Overview for 29.10.2021

EURUSD skyrocketed after the US released its GDP statistics.
28.10.2021

EURUSD took another break. Overview for 28.10.2021

EURUSD is saving strengths in anticipation of the ECB meeting and the US statistics.
28.10.2021

The Yen is attacking. Overview for 28.10.2021

USDJPY is back to falling after a short pause; investors remain cautious.