The foreign exchange market, known as Forex, attracts many with the potential for substantial profits. However, its ever-changing nature can present a challenge due to market volatility. Fortunately, Fundamental Analysis offers a solution, helping traders unravel the economic factors that influence currency prices.
Fundamental analysis, in the context of Forex trading, is like looking under the hood of a car before you buy it. It's a way to assess the overall health and stability of a country's economy, which can then tell you something about the strength (and value) of its currency.
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