The following are the most recent pieces of Forex fundamental analysis from around the world. The Forex fundamental analysis below covers the various currencies on the market and the most recent events, announcements, and global developments that affect the Forex market.
Forex Fundamental Analysis
Forex Fundamental Analysis
Last week, the New Zealand dollar advanced for the second consecutive week against the greenback, gaining 3.10 percent and closing Friday's session at the 0.6742 level.
So far this week the Swiss Franc has gained ground against the Greenback, advancing 0.20 percent and closing yesterday's session at the 1.1014 level.
Last week, the Euro lost territory against the greenback, breaking a 9-week gaining streak and dropping by 0.39 percent during the week, closing Friday's session at the 1.1795 level.
As central banks around the world compete in printing money, the FED is by far the winner.
So far this week, the Japanese Yen has managed to recover, advancing 1.20 percent against the Greenback and breaking a two-week losing streak.
Last week gold futures went down by 3.38 percent, breaking a nine-week gaining streak and closing Friday's session at the 1,949.80 level.
So far this week, the New Zealand dollar has lost 0.90 percent against the greenback, losing ground for the third consecutive week and in light of the recent recovery of the later.
Last week, gold futures gained 2.81 percent, posting gains for the ninth consecutive week and rising above the $2000 level for the first time, followed by Silver futures, which gained 13.73 percent.
So far this week the dollar has lost 0.18 percent against a bundle of its main competitors, posting losses for the seventh consecutive week.
Last week, the pound sterling advanced 2.34 percent against the greenback, posting gains for the second consecutive week.
So far this week, the Japanese Yen has advanced against the Greenback, adding 1.13 percent since the beginning of the week and posting gains for the second consecutive week.
Last week the gold futures price advanced by 4.83 percent as traders and investors rushed towards the yellow metal, and posting gains for the seventh consecutive week.
So far this week the US dollar has lost around 1.14 percent of its value against a bundle of its main competitors and losing territory for the fifth consecutive day,
In the early hours of Tuesday, July 20, EU leaders finally agreed on a €1.82 trillion budget and €750 billion COVID recovery fund to help the economic bloc’s most beleaguered nations
Last week the Canadian dollar went up by 0.12 percent against the greenback, as the currency suffered from volatility as of lately, in light of the troubles that the oil markets are currently facing.