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.
EURUSD continues analysing the ECB meeting results and the demand for “safe haven” assets.
GBPUSD is slowly recovering but the risks didn’t go anywhere.
The major currency pair is saving strengths in anticipating the ECB July meeting.
EURUSD is falling while financial markets are escaping the risks.
EURUSD continues falling slowly as the markets remain unstable.
EURUSD fell a little bit; the “greenback” is in demand again.
USDJPY is rising after decisions from the Bank of Japan; market players are analyzing updated forecasts.
GBPUSD reversed once again and is currently retreating.