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.
02.07.2019
AUDUSD is recovering; the Reserve Bank of Australia cut the rate.
01.07.2019
The major currency pair is falling on Monday morning; the USD is recovering.
28.06.2019
On Friday, USDJPY is slightly falling; investors are interested in “safe haven” assets.
27.06.2019
On Thursday, EURUSD is quite neutral; investors are waiting for the news from the G-20 summit.
26.06.2019
The major currency pair is moving away from its local highs; news are in are in favor of the USD.
25.06.2019
USDJPY reached the lowest levels since January 3rd; investors require “safe haven” assets.
25.06.2019
This morning, the major currency pair updated its three months lows; right now, it is still rising.
24.06.2019
On Monday, the major currency pair is keeping its momentum; comments from monetary policymakers put a lot of pressure on the USD.