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 06, December 2016

Euro manages a robust recovery after dropping to 1.05

The euro staged a quick recovery after dropping to 21-month lows at the start of this week’s session. EURUSD hit lows of 1.0504 on news that Italian PM Matteo Renzi announced he would step down as a result of the loss in the referendum for constitutional reform. Simply put Renzi’s resignation opens the door to elections early into next year, a shift in italian government and the possibilty of euro-skeptics gaining power and possibly ushering further instability within the EU.

Full Briefing