What is fundamental analysis of the currency trading market?
fundamental analysis is a currency trading strategy wherein currencies are bought and sold according to various financial and non-financial factors. Among others, these factors include : • Economic indicators of the currency • Government Monetary policy • Employment indicators, especially unemployment • Consumer spending indicators • Interest rates • Inflation • Social and political forces • Economic growth rates All of the previous indicators of fundamental analysis relate to the specific country that the currency belongs to. For example, if you are investing in the GBP, the related employment indicator will be the UK indicator.
