Thursday, September 11, 2008

ForexGen fundamental analysis




How does ForexGen fundamental analysis explain long term trends?


Fundamental analysis is very useful for determining long-term trends within a currency pair. By focusing on long term economic factors that affect countries, fundamental analysis predicts long term trends.


For example, the rising unemployment rates and deficit combined with declining interest rates in the US led to an upward trend in the EUR/USD which has been going on since 2002


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