Fundamental vs Technical Analysis: Which Is Better for Forex?
In the dynamic world of forex trading, two major schools of thought vie for dominance: fundamental and technical analysis. Each…
Tag: Trade balance
How Economic Indicators Affect Currency Prices
The world of foreign exchange is driven by a complex interplay of data releases, policy decisions and market psychology. When…
How Global Oil Prices Impact Major Currencies
Global oil prices have a significant impact on major currencies, influencing their value and stability in the foreign exchange market.…
The Role of Current Account Data in Currency Valuation
The role of current account data in currency valuation is a critical aspect of understanding foreign exchange markets. This article…
How Commodity Prices Affect Commodity-Linked Currencies
Commodity prices play a significant role in influencing the value of commodity-linked currencies. These currencies are often tied to the…
Fundamental Analysis in Forex: How Economic Events Impact Currencies
Fundamental analysis in Forex trading involves evaluating economic, financial, and other qualitative and quantitative factors to determine the intrinsic value…