Currency Fundamental analysis
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.
22.10.2020
The Euro is looking strong. Overview for 22.10.2020
On Thursday afternoon, EURUSD remains strong; expectations of a new stimulus package in the USA put pressure on the USD.
21.10.2020
The Pound lifted in spirits. Overview for 21.10.2020
GBPUSD is rising pretty well in the middle of the week influenced by stable statistics.
21.10.2020
The Euro strengthened pretty much. Overview for 21.10.2020
EURUSD rose yesterday influenced by the talks about a stimulus package in the USA.
20.10.2020
The Pound is holding out hope for political consensus. Overview for 20.10.2020
GBPUSD rose pretty much yesterday but lost its momentum by Tuesday morning.
19.10.2020
EURUSD is consolidating. Overview for 19.10.2020
EURUSD is quite lazy early in another October week but market players are monitoring the global external background very carefully.
16.10.2020
The Euro stopped falling. Overview for 16.10.2020
At the end of another October week, EURUSD stopped falling but it looks more like a pause than a reversal.
15.10.2020
The Australian Dollar plunged. Overview for 15.10.2020
AUDUSD is trading at its 10-day lows on Thursday; the Aussie is quickly retreating.
14.10.2020
The Pound lost its balance. Overview for 14.10.2020
In the middle of another trading week, GBPUSD remains under pressure.