Fundamental analysis is based on an assessment of the state of the economies of different countries and the international financial system as a whole. Milestones in this regard are the fundamental factors (macroeconomic), allowing to predict the development of events in the future.
Reuters News Agency regularly publishes a special forecast, which contains the information on the main indicators characterizing the state of the economies of various countries. Publish macroeconomic statistics special national institutions such as the State Committee on Statistics and the U.S. Bureau of Statistics.
A popular publication schedule of statistics in the context of the world's leading countries. Thanks to him, traders know when they will be announced the following changes. At this point, they will appear on the screen instantly news agencies around the world.
In popular column FORECAST regularly updated forecasts of experts and research organizations on changes in indicators of statistical nature. For convenience, we give the values of previous updates.
All the data are subjected to a thorough analysis of the brokerage firms and banks. Based on the findings made by the analysts was the most accurate prediction of the future behavior of the exchange rate. According to this forecast and the tactics produced work at Forex.
If we talk about the currency markets, most transactions are conducted with the participation of the U.S. currency, but this segment is clearly visible direct dependence of the quotations from the financial and economic performance of the world's largest economy.
Considering the impact of the fundamental factors for currency time profile can be divided into three main areas:
Long-term impact - is characterized by the consequences of defining the trend for several months, and sometimes years. This factor is appropriate to take into account the opening of strategic positions.
For example, a negative balance of trade between the two countries over a long period of time can be a serious cause for sustained depreciation of one of them for a long period of time.
If the impact is medium term, take into account changes during the quarter, a maximum - of the year. Short-term impact may have a limited impact on the movement of the market and will last only a few hours or even minutes.
If a negative trade balance of the two states is reduced, the rate of one of the currencies can go up for a short period of time. At such times, stock brokers and traders should take the most rapid and accurate decisions on the correctness of which will depend on the outcome of agreement and respectively - the amount of profit or loss.