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.
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The pound sterling went up for the second consecutive week last week, climbing 0.23 percent against the US dollar and closing the week at the 1.3186 level.
The last couple of weeks have not been the best for precious metals enthusiasts, as volatility dominated the markets.
Last week, the Japanese yen appreciated against the US dollar, gaining 1.25 percent and posting gains for the fourth consecutive week, closing at the 0.967300 level.
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Last week, the US dollar recovered against a bundle of its main competitors, gaining 1.37 percent, and closing the week at the 94.10 level.
So far this week, the Japanese yen has advanced 0.64 percent against the US dollar, continuing with a three-week gaining streak.
Last week, the pound sterling recovered against the US dollar, gaining 0.98 percent and closing Friday's session at the 1.3040 level.
So far this week, the Australian dollar has advanced 0.10 percent against the US dollar, attempting to recover from last week's losses.
Last week the dollar recovered against a bundle of its main competitors, advancing 0.67 percent and breaking a two-week losing streak.
So far this week, the pound sterling has lost 1.16 percent against the US dollar, breaking a two-week gaining streak ahead of an EU leaders’ summit that took place on Thursday and Friday.
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Last week, the Canadian Dollar gained 1.45 percent against the greenback, advancing for the second consecutive week.
So far this week, the US dollar has lost 0.32 percent against a bundle of its main competitors, falling for the second consecutive week.
Last week, the pound sterling recovered from the previous week's losses, gaining 1.46 percent and closing Friday's session at the 1.2931 level.
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This week the Euro has recovered, gaining 0.90 percent, and breaking a two-week losing streak.
There’s an old saying, “make hay while the sun shines,” meaning that you should make the most out of your opportunities while they last.
Last week, the Australian Dollar went down by 3.59 percent against the US dollar, breaking a two-week gaining streak.