Obtaining reliable information from the market analysts is one of prerequisites for success in the Forex market. There are several types of analysis, and each of them evaluates changes in the Forex market from a particular point of view. Fundamental analysis of Forex market applies evaluation of global financial and monetary developments, as well as economic and political developments in various countries around the world. Based on the information available, analyst studies what kind of influence these changes have on currency rates.
To do proper fundamental analysis of Forex market one must have all required information about the work of major banks, financial companies, stock exchanges, national interest rates. Economic policies of countries and the expected political changes at the state level must also be taken into account.
We have to admit that fundamental analysis of Forex is not an easy approach. It’s a complicated, multi-faceted analysis method, and it’s not technically feasible for one trader alone to do the full forecast. Moreover, often the same economic event may have different impact in different situations, which is important to remember too.
«Forex4you» analysts do, on one hand, have a deep knowledge of financial and economic fields, and on the other – have extensive practical experience in Forex trading. Thus, we provide an objective, accurate and up-to-date market tips that can help you to achieve success.