Forex Fundamental Analysis

The US Dollar is the de facto international trading currency, so anything which affects its value will have repercussions around the world.

With many central banks still operating accommodative monetary policies with ultra-low interest rates or quantitative easing activities, it could be argued that the global economy is still in a recovery phase from the last Global Financial Crisis.

The European Commission is ultimately responsible for ensuring that member states abide by the agreements that the bloc has taken.

Donald Trump claimed that Nafta (the North American Free Trade Agreement) was biased against the USA (despite it being an accord that the US government negotiated, but then it wasn’t a Trump deal, so it must be bad by definition).

Last week marked the end of the month’s trading for September and the end of Q3 2018. The major markets had a mixed week.

Since the end of the Second World War (now 73 years) Italy has had 65 governments taking charge of the nation’s affairs.

Away from the frenetic brinkmanship of Brexit, the rest of the world carries on much as normal; today’s Brexit headline is that government has appointed a food supply minister – not the Brexit opportunity that its ordinary backers thought it might create.

Usually, any leader tries to give themselves as much wiggle room as possible in a tricky negotiation, particularly over anything controversial.

The UK’s government (or what passes for it) has published the latest releases of its forecasts for what would happen to key sectors of the British economy in the event of a “no deal” Brexit (and remember that the official position is still that no deal is “better” than a bad deal).

Last week marked was a largely positive affair for the world’s major stock markets with only the Nasdaq failing to make ground over last week’s close.

According to the Office for National Statistics (ONS) inflation in the UK rose to a six-month high last month to stand at 2.7%.

The EU is holding a leaders meeting in Salzburg, Austria on Thursday and Friday.

For a long time, Mrs May has contended that “no deal is better than a bad deal”.

In the UK, the price of buying a home is out of reach of many people.

Last week marked was a positive affair for the world’s major stock markets with all markets making ground over last week’s close.