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 continues falling, but not as fast as before.
On Tuesday morning, GBPUSD is slowly falling as policymakers are trying to renegotiate the Brexit deal.
The major currency pair is back to its three weeks’ lows and may plummet even deeper.
On Friday morning, EURUSD stopped plummeting; it is ready to reach stability.
The major currency pair is getting significantly weaker after the US Federal Reserve July meeting. The rate cut isn’t the start of a new “softening” cycle.
The major currency pair is pretty confident despite weak numbers from the Euro Area and anticipation of the US Federal Reserve meeting results.
USDJPY is making another attempt to fall; investors are focused on meetings of central banks.
On the last Monday of July, USDJPY is trading downwards; investors are very cautious in anticipation of the US Federal Reserve meeting.