Fundamental Analysis of World Currency Markets, V.N. Likhovidov

Many novice traders view fundamental analysis as nothing more than news trading, subsequently becoming surprised by their own failures. To effectively leverage the influence of fundamental factors on exchange rates and other trading instruments, it's necessary to consider many related aspects, not just the news.

The book "Fundamental Analysis of World Financial Markets" aims to explain how to correctly manipulate the data obtained and formulate short- and long-term forecasts based on it.

The book includes a detailed description of the various factors influencing exchange rates; after studying them, all you need to do is monitor news releases based on these indicators.

Download Fundamental Analysis of Global Currency Markets by V.N. Likhovidov.

Chapter summary:

1. Why Fundamental Analysis Is Necessary – a chapter on the need to use not only technical analysis in Forex trading, but also consider fundamental factors.

2. The International Currency Market – what Forex is and what serves as a tool for making a profit, as well as the basic principles of trading.

3. Money and Interest Rates – this section covers the world's major currencies and their circulation patterns, as well as the interest rates set by national banks and their impact on exchange rates.

4. Exchange Rate and Inflation – how the inflation rate affects the value of a national currency and how these changes can be used to make a profit.

5. Fundamental Analysis Indicators – the main indicators on which fundamental analysis , their definition and interpretation.

6. Fundamental Data, Market Psychology, and Decision Making – a summary and recommendations on the practical use of the information provided in the previous chapters for Forex trading.

If you carefully and thoughtfully read "Fundamental Analysis of World Currency Markets" it will allow you to create a truly working news trading strategy .