Forex Fundamental Analysis and News

Forex Fundamental Analysis and News attempts to gauge the overall state of the economy, by evaluating factors such as interest rates, production, earnings, and investor confidence. Forex Fundamental Analysis and News attempts to determine the real value of a currency based on the condition of the factors underlying the respective economy.

Daily Forex News

Morning Briefing: Thursday 22, June 2017

USD eases off month’s high as profit taking kicks in; Oil price relief helps sentiment in Asia

Oil price drops dragged sentiment lower and reflected negatively on sentiment yesterday at US close. This morning a slight move higher for the price of oil met optimism during the asian session, with the major indices reflecting some gains, albeit being small margins. The drop in oil prices is the result of production and output rises despite the prodcution cuts that OPEC agreed for last January.

Full Briefing