Tuesday, November 8, 2011

Forex Fundamental Analysis

Fundamental analysis - a process of market analysis, which is made by studying only the "real" events and macroeconomic data related to the traded currencies. Fundamental analysis is used not only for Forex, and may be part of any financial planning and forecasting. The concepts that are part of Forex fundamental analysis: short-term interest rates, meetings and decisions of central banks, any macroeconomic news, global, industrial, economic, political and climate news. Fundamental analysis - the most natural way to predict the behavior of the forex market. In theory, it is sufficient only, but in practice it is often used in conjunction with technical analysis. Recommended books on fundamental analysis of Forex market:
  • Reminiscences of a Stock Speculator
  • The theory of exchange rate

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