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.
01.03.2019
On Friday, USDJPY resumed growing; market players like the USD.
28.02.2019
On Thursday, USDJPY is trading downwards; the Yen is acting as a “safe haven” asset.
28.02.2019
EURUSD completed the correction; it is now ready for a new growth.
27.02.2019
GBPUSD is trading close to its five months highs and waiting for the Brexit vote results.
27.02.2019
After updating the high of February 6th, the major currency pair stopped growing.
26.02.2019
On Tuesday, GBPUSD continues growing; market players are discussing a possibility of another referendum.
26.02.2019
On Tuesday afternoon, the major currency pair is consolidating; risks are still rather high.
25.02.2019
On Monday morning, AUDUSD is rising a little bit; the Aussie is not responding to the Chinese trade aggression.