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Russian Ministry of Defense: Air defense system shot down 45 Ukrainian drones overnight.Silver prices have hit record highs recently. Data from the Korea Gold Exchange showed that on October 17th, the price of silver reached 2,467 won (approximately 12 yuan) per gram, a year-to-date increase of nearly 70%, exceeding the increase in gold over the same period. This surge in demand for silver among South Korean investors has led to tight market supply. So far this year, major South Korean commercial banks have generated cumulative silver bar sales of 10.4 billion won (approximately 52.08 million yuan), 13 times higher than the same period last year. Due to the shortage of silver bars in the market, South Korean commercial banks and major precious metals sales platforms have announced that they will suspend silver bar sales starting on the 20th of this month.1. October 24th – Federal employees, whether furloughed or working, will miss their first full paycheck, forcing lawmakers to act. They have already missed partial paychecks, placing significant financial strain on over 2 million employees and their families. 2. October 31st – The Trump administration this week deployed $8 billion in unused research and development funds from fiscal year 2025 to ensure 1.3 million active-duty military personnel receive their October 15th paycheck. However, whether this can be done again before Halloween (November 1st) remains uncertain. 3. October 31st and November 5th – Senate clerks will miss their first full paycheck on October 20th (paid on the 5th and 20th of each month). House clerks will miss their paychecks at the end of October (paid at the end of each month) and, if they do, will not receive their paychecks until after Thanksgiving, creating significant financial hardship. 4. November 1st – Open enrollment for the Affordable Care Act. Healthcare is a primary concern for the shutdown, with Democrats aiming to pressure Republicans to reach an agreement on strengthening subsidies for Obamacare before open enrollment begins. 5. November 21 – If the shutdown continues into late November, it could lead to TSA staffing shortages and air traffic control issues for Americans during the busy Thanksgiving travel week. Air traffic control chaos in early 2019 was a key factor in forcing the government to end the longest shutdown in history.On October 19th, local time, Pakistani Deputy Prime Minister and Foreign Minister Dar welcomed the ceasefire agreement reached between Pakistan and Afghanistan in Doha, Qatar, on the evening of the 18th on social media, calling it "the first step in the right direction." Dar also expressed hope that at the next round of meetings hosted by Turkey, a concrete and verifiable monitoring mechanism would be established to address the threat of attacks from Afghanistan into Pakistan. On the same day, Afghan government spokesman Zabiullah Mujahid issued a statement announcing that negotiations between Afghan and Pakistani representatives in Qatar had concluded with the signing of a bilateral agreement. Neither side will take any hostile actions against the other, nor will they support groups that attack the Pakistani government. Both sides will refrain from targeting each others security forces, civilians, or critical infrastructure. A mechanism will be established to review bilateral positions and ensure the effective implementation of the agreement, mediated by an intermediary.The General Staff of the Ukrainian Armed Forces: In the past day, the Russian army lost about 1,000 soldiers, as well as 3 armored personnel carriers, 45 artillery systems and other equipment.

Recognize Fundamental Analysis

Drake Hampton

Mar 23, 2022 18:00

What Is Fundamental Analysis in Forex?

Fundamental analysis is critical in the realm of finance since it is used to value anything from corporate shares to real estate. It is a major technique for currency traders to investigate the underlying causes of seemingly random exchange rate changes.

 

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Fundamental Analysis of the Forex Market

Fundamental analysis is the process of dissecting the influence of political, economic, and social variables on a currency's relative value. Forex traders may therefore make educated trading decisions by recognizing the major drivers of a currency's inherent value.

How To Acquire Knowledge Of Fundamental Analysis

To begin learning fundamental analysis, one must first reduce noise. Concentrate your research on three primary topics.

Economics introductory

Economic variables frequently have an effect on the relative value of foreign currencies. Knowing when official reports are given to the public is crucial to trading forex properly.

Banks centrales

Interest rate modifications, debt purchases, and currency pegs can all have a significant effect on FX prices. If you are going to trade currencies, it is critical to remain current on central bank operations.

Politics

Uncertainty in the capital markets is generated by trade policies, military conflict, and leadership transitions. Taking these difficulties into account when they develop is a critical component of forex fundamental analysis. The cornerstones of forex fundamental analysis include an understanding of how economics, monetary policy, and politics may affect investor confidence. Raising your trading IQ in these areas is an excellent first step toward being a fundamentals proficient trader. 

Analyses Technical vs. Fundamental

Forex market analysis is classified into two types: fundamental and technical. Technical analysis examines how prices move; fundamental analysis examines what causes price movement.

 

When contrasting technical and fundamental analysis, keep in mind that the optimal analytical foundation for your trading techniques is determined by your resources and objectives. Fundamentals are likely to take precedence if you are a long-term investor. On the other hand, if scalping is your game, technical analysis may be more beneficial.

Inflation's Effects

Inflation is a critical factor in determining the value of a currency and the conduct of monetary policy. A price rise is described as an increase in the cost of products and services. Inflationary pressures harm price stability and exacerbate socioeconomic conflicts in impacted regions.

 

To control inflation effectively, it is important to first detect its presence. The Consumer Price Index (CPI) and the Producer Price Index are two of the most often used indicators in this field (PPI). Each research examines inflation from either the consumer or producer perspective.

Fundamental And Technical Analysis Combined To Create A Hybrid Strategy

Combining fundamental and technical data into a hybrid trading approach is one technique to improve success. A hybrid strategy is one that includes both basic and technical aspects into a larger framework.

 

For example, traders frequently integrate leading economic data with market technicals when making trading decisions. The effects can be significant, since well-rounded trading concepts encourage a holistic approach to markets.

Forex Signals - What Are They?

Forex signals are indicators to purchase or sell a certain currency pair at a specified moment. They can be developed from technical or fundamental research and can become an important component of virtually any trading strategy.

 

Forex signals are either freely accessible or purchased from third-party sellers. They can also be custom-built. The primary advantage of adopting forex signals is that it eliminates the guesswork associated with active trading; you buy or sell in response to the signal, without regard for emotion or hesitancy.