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.
09.07.2019
The major currency pair updated its two weeks lows; investors believe in the USD.
09.07.2019
USDJPY is in the “red”; the pair is slowly growing due to weak numbers from Japan.
08.07.2019
On Monday morning, USDJPY is retreating a little bit; market players are counting on a calm trading session.
05.07.2019
On Friday morning, USDJPY is balancing; mixed statistics prevent the Yen from strengthening.
04.07.2019
The major currency pair is going to save strengths on Thursday – the macroeconomic calendar is empty and the USA are celebrating the Independence Day.
03.07.2019
On Wednesday, AUDUSD narrowed its range; it is ready for new catalysts.
03.07.2019
On Wednesday, EURUSD continues consolidating in anticipation of news.
02.07.2019
The major currency pair plunged towards its two weeks lows yesterday; the USD is strong again.