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.
GBPUSD is trying to correct on Thursday but the COVID-19 pandemic and Brexit put too much pressure.
On Thursday, EURUSD retreated to its two-month lows and may fall even deeper.
AUDUSD is quickly retreating and getting close to its 45-day lows.
EURUSD fell significantly last night and still remains under pressure.
Early in another September week, EURUSD is back to growing.
EURUSD keeps growing, nailing down the success of Thursday.
EURUSD demonstrates positive correction after the preceding decline. The market is waiting for signals from the ECB.
By Wednesday, EURUSD is deepening the decline; the market is avoiding risks.