Forex Fundamental Analysis

The American political system is at near deadlock with President Obama’s Democratic Party in control of the senate whilst the opposition Republican Party has a majority in the House of Representatives.

The European sovereign debt crisis was triggered by the realisation that most of the EU’s membership was living beyond its means. Get the fundamental here.

The strength of the Yen over the course of the global financial crisis has had little to do with Japanese economic fundamentals. Rather, the Yen was perceived to be a safe haven currency in troubled times by foreign currency investors which pushed up its value.

At the end of last week’s trading, the world’s major markets ended lower, with the exception of Japan’s Nikkei which closed at its highest value since 2008. Check out this fundamental analysis here.

Mark Zuckerberg, Chief Executive Officer of Facebook Inc., unveiled his mobile computing software on Thursday in an attempt to encourage marketers to use small screens for their advertising and prod users to spend more time on their phones.

An investigation is pending on Thursday by Supreme Court judges in Nicosia into years of financial wastefulness which brought Cyprus to its knees last month. Get the daily fundamental analysis here.

In a move that is bound to have repercussions, North Korea prevented workers from the South from entering a jointly run industrial park today. Workers are being stopped from entering the Gaeseong zone for the first time since 2009.

The stakes are running high for this week’s Bank of Japan (BOJ) meeting scheduled to begin tomorrow, Wednesday, and run through Thursday afternoon. Speculation as to the strategic financial changes to be instituted by the bank differs; however, a radical monetary policy that will put an end to two decades of deflation is expected.

Last week was a short trading week in many parts of the world because of the Easter holiday. It also marked the end of March and the first quarter of 2013.

In order to prevent the country from total bankruptcy, Cyprus President, Nicos Anastasiades, has agreed to impose strict regulations on Bank of Cyprus’s large account holders.

The domestic market in any economy is usually the largest contributor to that nation’s GDP figure. Japan has been mired in price deflation since the mid-1990s.

Surveys suggest that US consumer confidence slumped significantly in March. See why at DailyForex.com.

The UK lost its coveted AAA rating last month when Moody’s downgraded its assessment of the nation’s creditworthiness. It is likely that Fitch’s rating agency will follow suit next month, citing concerns that UK debt levels were higher than expected and over the downward revision of projected UK economic growth.

Cyprus was badly exposed to Greek debt and many investors will already have had to “take a haircut” when the second EU/IMF bailout for Greece was agreed. Unless Cyprus received its own bailout agreement, the nation faced imminent bankruptcy with funding being exhausted by May

All of the world’s major exchanges ended the week lower due to anxiety and uncertainty over the financial crisis in Eurozone member Cyprus and its potential to rekindle the European sovereign debt crisis.