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Forex Basic: Fundamental Analysis

Fundamental analysis comes in many forms, but the most common ones are economics reports made by governments of various countries. Of special importance are economic reports from the countries who’s currencies form the majors, but even announcements from other countries will also have an effect on the market in general. These economic reports give an insight into how well a country is doing, and as such can be useful as a gauge for how the future of a country’s economy will fare.

Avoid forex scam

As Forex trading continues to gain popularity, Forex scams are likewise becoming more prevalent. Although there are many reliable brokers online, some dishonest ones exist to lure traders into scams. How then can a novice trader like you choose a highly reputable broker?