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.
EURUSD remains neutral while investors are saving strengths.
EURUSD reached stability; the asset remains inside its strategic sideways channel.
GBPUSD priced in the decisions of the Bank of England, but barely moved anywhere.
AUDUSD is rising after a major plunge this week.
EURUSD is recovering after plunging the day before.
After moving away from its 8-week low, USDJPY is recovering.
EURUSD has plunged in the last 24 hours; the “greenback” is in demand.
GBPUSD is keeping the positive momentum gained earlier.