Can Fundamental Analysis Help You Unlock the Forex Market?By Fx Solutions, PRNE
Thursday, September 29, 2011
NEW YORK, September 30, 2011 -
Fundamental analysis aims to determine a currency’s value by assessing the relative strength and weakness of a country’s economy compared to those of its trading partners. GDP growth, inflation, interest rates, and political stability and other factors are all taken into account.
FX Solutions (www.fxsolutions.com/) provides a full overview of fundamental analysis on its website. The award-winning forex trading broker explains how the various sectors of an economy can affect the strength or weakness of its currency.
The company also explains the major disadvantage of fundamental analysis - the fact that past data does not necessarily reflect future price movement. “Most statistics are retrograde, telling you what has already happened, but not necessarily what is to come.”
Practice fundamental analysis and trade the forex market with a virtual cash balance through a free forex demo account. For details visit:
Forex trading involves substantial risk of loss and is not suitable for all investors.
About FX Solutions
FX Solutions is a leading foreign exchange broker with a focus on advanced currency trading technologies, transparency of transaction and unparalleled customer service. FX Solutions serves retail clients, white label partners, institutional trading partners and introducing brokers in over 140 countries.
FX Solutions’ products are regulated in the United States, United Kingdom and Australia. FX Solutions in the United States is regulated as a member of National Futures Association, and registered with the Commodity Futures Trading Commission as a Futures Commission Merchant. In the United Kingdom, FX Solutions is a registered trading name of City Index Limited which is authorized and regulated by the Financial Services Authority. FX Solutions in Australia is a registered trading name of City Index Australia Pty Ltd. which is authorized and regulated by the Australian Securities and Investments Commission.
For more information on trading forex and currency, please visit our site(s): www.fxsolutions.com www.fxsol.co.uk and www.fxsolutions.com.au
Contact: Paul Cassidy, FX Solutions, +1-201-345-2210, pcassidy[at]fxsol.com
Tags: Fx Solutions, New York, September 30