Gold is proving to be the ‘real’ safe haven as it hit a new high of $1059 in early European trading, up 16% for the year. For the third day now, gold along with oil and other commodities have surged as investors attempt to hedge against inflation. Risk appetite is once again being seen as the equities in Asia and currently Europe gain on better than expected earnings for Alcoa (US) being helped by better than expected unemployment figures from Australia and Lloyds Bank in Europe....
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Showing posts with label forex fundamental analysis. Show all posts
Showing posts with label forex fundamental analysis. Show all posts
The two primary approaches of analyzing Forex markets are technical analysis and fundamental analysis. Fundamental analysis comprises the examination of economic indicators, asset markets and political considerations when evaluating a nation’s currency in terms of another. The focus of fundamental analysis lies on the economic, social and political forces that drive supply and demand. There is no single set of beliefs that guide forex fundamental analysis, yet most fundamental analysts look at various macroeconomic indicators such as economic growth rates, interest rates, inflation, and unemployment