Fundamental analysis is a method of evaluating what is happening on the market right now and might happen in the future on the basis of external events and factors. For the currency market, such factors are news, economic and financial statistics, meetings of global Central banks, and speeches delivered by their representatives. Fundamental approach allows to analyze both short- and long-term perspectives.
01.06.2021
EURUSD managed to rise last night, the “greenback” is under pressure from Biden’s budget plans.
31.05.2021
EURUSD is consolidating at the end of this extremely volatile spring; the USD lost 0.8% over three months.
28.05.2021
EURUSD is moving downwards; the statistics helped the “greenback” to recover.
27.05.2021
After falling pretty much yesterday, EURUSD is consolidating on Thursday.
26.05.2021
EURUSD reached its January highs; the USD remains weak.
25.05.2021
GBPUSD is trading upwards on Tuesday; The Pound is strengthening against the weak USD.
25.05.2021
EURUSD continues trading upwards; the USD remains an “outsider”.
24.05.2021
After being sold earlier, EURUSD managed to recover; the “greenback” is under pressure again.