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 dropped due to invertors’ confidence about low interest rates in Europe.
EURUSD continues consolidating as there aren’t enough drivers for more active movements.
Despite the weak “greenback”, GBPUSD is retreating.
EURUSD is slightly rising on Thursday afternoon; market expectations are against the “greenback”.
EURUSD has fixed within a narrow range; investors are saving strengths before the ECB and FRS meetings.
EURUSD stopped growing on Tuesday morning; the “greenback” is trying to recover its losses.
USDJPY is slowly rising on Tuesday; investors are monitoring the news.
EURUSD plunged last week and this movement may continue through this week as well.