Monday, October 19, 2009

Fundamental analysis

This depends on the economic factors of the country using the currency, for example, economic strength, or otherwise, current interest rates, gross domestic product (GDP) etc.

The difficulty with using fundamental analysis to trade on the Forex money market is that the market is very fast moving, with rapid changes throughout the day. Economic data is more suited to long term investment. It involves constantly studying the data, knowing when a country is going to publish its economic

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