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.
26.11.2020
The major currency pair continues growing on Thursday afternoon; investors are still interested in risks.
25.11.2020
On Wednesday morning, USDJPY is falling a little bit but it seems like the Yen hasn’t decided on the direction yet.
25.11.2020
EURUSD is ready to update November’s highs; investors have confidence in the future.
24.11.2020
EURUSD dropped yesterday but managed to reach stability today; at the moment, the pair is monitoring the external background.
23.11.2020
Early in another November week, EURUSD is rising a little bit and doing a good job in dealing with external pressure.
20.11.2020
GBPUSD had been keeping its positive momentum throughout the entire week but failed to continue growing on Friday.
19.11.2020
AUDUSD remains under pressure on Thursday; the employment statistics didn’t support the Aussie.
18.11.2020
GBPUSD is rising; the asset doesn’t seem to worry about the breakdown of the “soft” Brexit scenario so far.