Funamental analysis is the study of how economy of the country affect its currency rate which mainly involves interpretation statistical report and economic indicator. hundred of economic new and report released daily, to some extent, to predict whether the currency value will appreciate or dpreciate in future and when reversal of the current trend may be expected.
Date and time when a particular report or indicator due to be released is scheduled in advance and can be found in the economic calander it is the main tool analyst use to determine the impact news may have.It also show expert forecast of the data to be announced.
Gross domestic product evaluate all goods and service produced during the reporting period. An increase in GDP signifies economy growth and therefore it is used to measure inflation.Realesed advance four weeks after quarter ends final three month after quarter end time 15.30EET(14.30EEST).
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