The Dangers of Forex Fundamental Analysis
Forex analysis is divided into two forms when dealing with trading currencies or other financial instruments – fundamental and technical analysis. They both represent a strong form of analyzing the market. This article would examine the dangers facing forex fundamental analysis. Fundamental analysis dwells on the general state of the economy, monetary policies, interest rate [...]
The Effects of the Economy on Currency Trading
We have experience all the debate about fundamental and technical analysis and also about which is better. The argument has always been about which of the two types of analysis is better considering the fact that both of them are vital in the currency market. It is important to stress out that they both stress [...]
Introduction to Fundamental Analysis
What is fundamental Analysis? Fundamental analysis is assessing a financial instrument based on major economic reports. In currency trading, these economic reports are termed economic indicators. When investors compare the employment numbers from different zones and trade based on the information gathered, this is a clear example of fundamental analysis. Economic Indicator An economic indicator [...]
Understanding the Basics of Forex Fundamentals
There’s need to point out here the fact that investors rely on either technical or fundamental analysis when trading in the financial markets. Technical analysis tends to view price as a perfect reflection of all the news happening in the market, with charts as objects of such analysis. When investors look keenly at the intricate [...]
Strong Chicago PMI Pushes US Stocks Higher
Equities soared for the 3rd straight day after the Chicago PMI for June came in at 61.1, up from 56.6 in May and substantially above the consensus forecast of 54. The Chicago PMI has a reputation of being a precursor the National Association for Purchasing Management’s read on factory activity (the ISM), which is to [...]
Greek Austerity Has Numerous Rinkles
The most widely discussed format for the agreement on Greek debt rollovers has been modeled after the discussions taken place with French banks. Under this plan, financial institutions would rollover 50% of the proceeds from bonds maturing between 2011 and 2013 into 30-year Greek bonds. The new bonds would have a coupon of around 5.5% [...]
UK Inflation Remains a Sticking Point
The latest inflation figures have offered little respite with respect to the near-term UK inflation trend. The May CPI matched market expectations, staying at 4.5%YoY, after climbing to the highest since Oct 08 in the previous month. The driver came predominantly from a 1.2%MoM surge in food prices as the lagged effects of the rise [...]
Troika Ends Mission on Greece
The EU/IMF/ECB completed their mission in Greece and approved the next aid installment in early July. In the statement, the troika said that “the government has committed to an ambitious medium-term fiscal strategy, reinvigoration of fiscal and broader structural reforms is necessary to further reduce the deficit and achieve the critical mass of reforms needed [...]
Merkel Comments are Euro Positive
German Chancellor Merkel yesterday ruled out any sort of change in Greece’s debt structure before 2013 could signal a change in stance. Many Germans officials were recently and openly talking about restructuring. Now, perhaps Merkel is clamping down on this with the hopes that taking the Greece restructuring option off the table may reduce market [...]
EIA Concerned Over Lack of Oil Supply
The Global oil market urgently needs extra supplies to prevent economic damage to importing countries that could derail the global recovery, the governing board of the International Energy Agency during the past week. OPEC will meet in early June to discuss its production ceiling, but officials at several member countries have said that a production [...]
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