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.
The major currency pair is once again retreating on Friday; investors require “safe haven” assets.
USDJPY is moving upwards on Thursday afternoon but market players trust in the “safe haven” Yen.
The major currency pair is barely moving on Wednesday morning; the market is dead calm.
On Monday, the major currency pair remains exhilarated.
AUDUSD managed to grow a little bit on Tuesday but seems to be losing its positive momentum.
On Monday, GBPUSD is intent on further growth but saving strengths so far.
EURUSD is entering today’s session with a slight decline; the end of the trading week is expected to be calm.
EURUSD was okay with falling but everything worked out.