Forex On-Line Manual For Successful Trading Chapter 4
Forex On-Line Manual For Successful Trading Chapter 4
CHAPTER 4 Fundamental Analysis. Two types of analysis are used for the market movements forecasting: fundamental, and technical (the chart study of past behavior of commodity prices). The fundamental one focuses on the theoretical models of exchange rate determination and on the major economic factors and their likelihood of affecting the foreign exchange rates. 4.1. Economic Fundamentals Theories of Exchange Rate Determination Fundamentals may be classified into economic factors, financial fact