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BEST ECONOMICAL REPORTS TO USE ON FOREX
Savvinova Sofiya Moiseevna
North-eastern federal university
Financial economical institute
North-eastern federal university
Financial economical institute
Abstract
Those trading in the foreign-exchange market (forex) rely on the same two basic forms of analysis that are used in the stock market: fundamental analysis and technical analysis. The uses of technical analysis in forex are much the same: price is assumed to reflect all news, and the charts are the objects of analysis. But unlike companies, countries have no balance sheets, so how can fundamental analysis be conducted on a currency?
Keywords: foreign-exchange market, FOREX, fundamental analysis, stock market, technical analysis
Article reference:
Best economical reports to use on FOREX // Economics and innovations management. 2014. № 1 [Electronic journal]. URL: https://ekonomika.snauka.ru/en/2014/01/3654
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