Question
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How to understand the fundamental analysis?
1 Answer
<p>Forex and CFD prices are impacted by macro and micro-economic data, geo-political events and their linkages. These factors may include, GDP growth rates, potentially disruptive geopolitical events, employment statistics, interest rates, and balance of trade reports among others. For top-down analysis, you can begin by analyzing broad brush macroeconomic factors and aggregates of data working downwards narrowing and refining the search to include only those currency pairs that present a profit potential. For bottom-up analysis, start with analyzing the currency pair working upwards to aggregate macroeconomic information.</p>