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.
17.07.2020
The ECB didn’t change the rate and the Euro didn’t change direction. Overview for 17.07.2020
Yesterday, market players were waiting for more decisive actions from the European Central Bank to help Europe to recover from crisis.
19.03.2020
The Aussie updated another low. Overview for 19.03.2020
AUDUSD is falling towards its all-time lows after the RBA’s decision to cut the rate again.
18.03.2020
The Pound dropped to its six-month lows. Overview for 18.03.2020
GBPUSD is updating its six-month lows while investors are trying to escape from risks.
18.03.2020
The Euro is looking down again. Overview for 18.03.2020
On Wednesday afternoon, the major currency pair dropped to its three-week lows.
17.03.2020
The Yen remains flexible. Overview for 17.03.2020
USDJPY is growing on Tuesday morning; however, investors’ demand in the Yen as a “safe haven” asset is still here.
17.03.2020
The Euro continues its slow recovery. Overview for 17.03.2020
The major currency pair is “gaining a bit weight” on Tuesday morning amid another financial meltdown.
16.03.2020
The USD managed to keep balance after the Fed’s attack. Overview for 16.03.2020
The major currency pair is rising a little bit on Monday morning after the Fed’s decision to cut the rate down to zero.
13.03.2020
The Euro is considering the ECB’s decisions. Overview for 13.03.2020
On Friday, the major currency pair is recovering after the March meeting of the European regulator and its decision to expand QE.