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Louis Jnr Book

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FUNDAMENTALS (NEWS)<br />

The term fundamental analysis is very widely used,<br />

but what does it actually mean? The definition of<br />

fundamental includes: The foundation or base,<br />

forming an essential component of a system and<br />

something of great importance.<br />

There are also musical, religious and scientific<br />

definitions of fundamental but its definition in<br />

relation to the FX market is quite specific – it is the<br />

study of the underlying factors that drive a currency’s<br />

price. In the FX market, these underlying factors<br />

include the economy, central banks and politics.<br />

PAGE<br />

14 OF 226

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