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.
14.10.2020
On Wednesday morning, the major currency pair got under pressure amid the US statistics and election race.
13.10.2020
GBPUSD keeps on trying to rise but the external background is not in favor of it.
12.10.2020
USDJPY is falling significantly; investors are in need of “safe haven” assets again.
09.10.2020
At the end of the week, the major currency pair remains “in the black” and keeps its positive momentum.
08.10.2020
USDJPY is slowly rising on Thursday; markets are evaluating the risks.
08.10.2020
The major currency is rising a bit on Thursday afternoon, while market players are calmly assessing the risks.
07.10.2020
On Wednesday, USDJPY is slightly rising; market players are monitoring the news but not switching to “safe haven” assets yet.
06.10.2020
EURUSD is keeping its positive momentum trying to get back to balance.