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: Tuesday 29, July 2014

Dollar reaches a six week high driven by optimism

Overnight, Asian stocks were boosted by the rally in Chinese market; the Nikkei reached a 6-month peak. Wall Street closed mostly flat after a mixed session, however the dollar touched its highest point in six weeks mostly driven by optimism over US recovery.

Full Briefing

Calendar

Economic Calendar: Tuesday 29 July 2014

Last updated at 4:02pm

  • United Kingdom

    M4

    Medium Impact
    Previous: -0.9%Forecast: -0.6%Actual: -0.6%
  • United States

    Consumer Confidence Index

    High Impact
    Previous: 85.2Forecast: 85.5Actual: 90.9

    This survey shows how consumers feel about business conditions, their spending and their employment conditions. Rising consumer confidence, points at more spending by consumers and at improved business conditions. A slowing consumer confidence figure on the other hand indicates lower spending and decreased business activity.

Read MoreEconomic Calendar

Forecast

Weekly Forecast: 14 May 2014

Yen slips as investors take on risk

Emman Xuereb

Global equity markets rallied at the start of the week dampening demand for safe-haven assets. The yen slipped for the third consecutive day on Tuesday versus the dollar on signs that tensions between Russia and Ukraine were abating.

Read the Article