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.
On Friday, EURUSD continues sliding down while investors are interested in “safe haven” assets.
Market conditions aren’t changing too much for GBPUSD but the Pound found a reason for correction.
On Thursday afternoon, the major currency pair is falling against the current background.
On Wednesday afternoon, bears are still in charge of the major currency pair.
AUDUSD is down again amid investors’ poor attitude to risks.
The major currency pair is speeding up its decline; investors like the “safe” USD again.
USDJPY is slightly growing on Tuesday but investors’ interest in the Yen didn’t disappear.
Early in another Merch week, GBPUSD is slightly falling but the prospects are rather murky.