Fundamental analysis involves analyzing certain types of fundamental data in order to get a better understanding of the factors that affect supply and demand for a particular asset class. Just like other assets, Forex prices are largely driven by the global supply and demand for a particular currency. For instance if there is little demand and numerous sellers, then prices are very likely to fall. By looking at economic, social and political data those using fundamental analysis hope to get an i...
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Interest rates are one of the key fundamentals that many Forex traders pay close attention to. The Foreign exchange markets are particularly influenced by any change interest rates made by the world’s largest central banks. Any change made by the central banks when setting interest rates is an indirect response to other econo...