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 is being sold; investors do not resist.
USDJPY has been growing for the second trading session in a row; the “greenback” is sitting pretty.
AUDUSD was quite emotional in its response to the RBA’s comments.
EURUSD is keeping balance; investors are saving strengths in anticipation of the news.
EURUSD is stable after Friday’s statistics on the US labour market.
The major currency pair continues growing; the USD weakened to its 5-week low.
AUDUSD is forming a rising impulse based on good statistics.
The major currency pair intends to keep its positive momentum; investors don’t “like” the “greenback”.