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.
24.01.2020
On Friday morning, the major currency pair is moving close to its six weeks low and may yet resume trading downwards.
23.01.2020
The major currency pair is consolidating on Thursday in anticipation of the ECB’s comments and rate decision.
23.01.2020
AUDUSD slowed down its decline; the pair is correcting thanks to some strong numbers on the employment.
22.01.2020
GBPUSD moved upwards a bit thanks to the statistics on the employment, but it might be not enough to continue the momentum.
21.01.2020
GBPUSD started consolidating; the Brexit is 10 days away.
21.01.2020
USDJPY is falling on Tuesday morning; demand for “safe haven” assets is reviving.
20.01.2020
The major currency pair remains under pressure on Monday; the USD continues getting stronger.
17.01.2020
On Friday, the major currency pair can’t decide where to move; this week has been pretty nervous.