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.
30.10.2019
USDJPY is falling a little bit in the middle of the week; investors prefer to avoid risks in anticipation of the US Federal Reserve meeting.
29.10.2019
On Tuesday, GBPUSD is waiting for new information on Brexit; market players are in no hurry to get back to buying.
28.10.2019
On Monday, EURUSD stopped falling; right now, it is consolidating close to week’s lows.
25.10.2019
EURUSD fell after the ECB meeting. Right now, it is trying to recover.
24.10.2019
On Thursday, EURUSD remains stable; it is still waiting for the news.
23.10.2019
The major currency pair continues retreating in the middle of the week; the Euro isn’t happy about the Brexit news.
23.10.2019
GBPUSD is moving downwards after House of Commons of the United Kingdom approved the Brexit deal.
22.10.2019
On Tuesday morning, the major currency pair is waiting for the Brexit news and saving strengths in anticipation of the ECB meeting.