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 keeps renewing high for as long as the market is buying.
EURUSD is sky-rocketing thanks to a crazy demand for risk.
The AUDUSD pair keeps restoring its positions after a decline on Monday.
EURUSD got much stronger thanks to an increased interest to risk.
On Tuesday, the AUDUSD pair is correcting after a rally and the start of the week.
On Monday, AUDUSD is growing, thanks to the craving for risk and good statistics.
After a short pause, the major currency pair is back to growing.
The major currency pair continues growing on Thursday afternoon; investors are still interested in risks.