Forex Fundamental Analysis
China is the world’s second largest economy after the USA. Unlike the USA, it is still enjoying good growth with a target level for 2012 of 7.5%; its lowest target level since 2004. Get the full analysis here.
Japan’s currency, the Yen has been seen as a “safe haven” currency as the storm of the global financial recession raged. Get the full fundamental here.
The French Presidential election saw a socialist returned to power for the first time in 17 years. Get the full analysis here.
The only people who like austerity measures are major investors in sovereign funds. By imposing austerity measures on a long-suffering public, budget deficits can be paid down to more reasonable levels.
See last week's trading activities with this fundamental perspective from one of the pro traders at DailyForex.
The world’s third largest economy has returned to growth with a relatively healthy 1% improvement in economic output in Q1 2012. Japan is still in the recovery phase following the devastating earthquake and tsunami of March 2011.
As the last chance for the Greeks to avoid a fresh general election which may see them commit an act of joint economic suicide and create waves for the Eurozone and wider EU seems to have slipped by, better economic news is always welcome.
With the Greek drama playing out on centre-stage right now as last-ditch efforts are made to avert the need for a second general election which could give a mandate to the left to tear up the austerity package that secured Greece its second EU/IMF loan, it is timely to remember that the Greek economy is not in the top tier of EU economies.
The Greek president is still valiantly trying to persuade Greece’s politicians to come together in a coalition of national emergency to avoid the necessity for new elections next month.
How did the Forex world do last week? See this fundamental trading activities in perspective from one of the experts at DailyForex.com.
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