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 remains stable on Friday and intends to continue its growth.
After completing the correction, USDJPY is ready for a new decline; “safe haven” assets are in demand again.
The major currency pair is falling on Wednesday afternoon; investors are trying to escape risks.
After three trading sessions of stable and significant growth, AUDUSD is moving downwards on Wednesday; the correction is supported by numbers.
AUDUSD is keeping positive momentum; the RBA’s neutral decision supported the Aussie.
AUDUSD starts December with growth based on Chinese statistics.
On Friday afternoon, USDJPY continues growing, but is smaller volumes.
On Thursday morning, EURUSD is consolidating; however, it remains under pressure, mostly because of external background.