Social Sciences, asked by mahipalsingh675, 9 months ago

what do you means by fundamentals curancy

Answers

Answered by veer25316
0
Fundamental analysis is a way of looking at the forex market by analyzing economic, social, and political forces that may affect the supply and demand of an asset. ... The idea behind this type of analysis is that if a country's current or future economic outlook is good, their currency should strengthen.
Answered by Anonymous
1

Answer:

hi.. buddy :) your answer is here:) those trading in the foreign exchange market(forex) rely on the same two basic forms of analysis that are used in the stock market: fundamental analysis and technical analysis.

the uses of technical analysis in forex are are much the same: the price is assumed to reflect all news, are the charts are the object of analysis. but unlike companies , countries have no balance sheets , since fundamental analysis is about looking at the intrinsic value of an investment , its application in forex entails looking at the economic condition that affects the valuation of the nation's currency. here we look at some

of the major fundamental factors that play a role in a currency's movement.

Explanation:

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