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Comprehensive Guide

Fundamental Analysis

Understanding economic and political factors that move currency markets

What is Fundamental Analysis?

Fundamental analysis studies economic and political factors affecting currency values. It includes interest rates, economic growth, inflation, central bank policies, and geopolitical events.

Key Economic Indicators

Interest Rates

Very High

Higher rates = stronger currency (usually). Set by central bank.

GDP

High

Measures economic growth. Higher growth = stronger currency.

Inflation (CPI)

High

Affects rate decisions. High inflation = potential rate hike.

Employment (NFP)

High

US jobs report. One of the most important USD indicators.

PMI Indicators

Medium

Measures manufacturing and services sector activity.

Trade Balance

Medium

Difference between exports and imports.

Major Central Banks

Federal Reserve (Fed)
USDUSA
European Central Bank (ECB)
EUREurozone
Bank of England (BoE)
GBPUK
Bank of Japan (BoJ)
JPYJapan
Swiss National Bank (SNB)
CHFSwitzerland
Reserve Bank of Australia (RBA)
AUDAustralia

Geopolitical Events

Political events can move markets significantly and unexpectedly:

Elections and government changes
Wars and conflicts
Economic sanctions
Trade agreements
Natural disasters

💡 Fundamental Analysis Tips

1.Follow economic calendar daily
2.Focus on high-impact indicators
3.Compare expectations vs actual results
4.Don't trade right before/after major news
5.Combine fundamental with technical analysis

Economic Calendar

Essential tool for every fundamental trader

Economic calendar shows upcoming news and indicator schedules with analyst expectations. Use it to plan trades and avoid unexpected volatility.

Reliable sources: Forex Factory, Investing.com, DailyFX

Combine Both Analyses

Best traders combine fundamental and technical analysis

Learn Technical Analysis