Fundamental analysis
What moves currencies and indices, and how to read and use the economic calendar.
Log in to save your progress
- 1What moves currencies?Interest rates, growth, inflation, capital flows, political risk and safe havens: learn what really makes a currency rise or fall on the forex market.6 min read
- 2Central banks and interest ratesFed, ECB, BoE, BoJ, SNB, BoC, RBA: mandates, decisions, hawkish vs dovish tone, forward guidance and rate differentials. How central banks move forex.7 min read
- 3Inflation: CPI, PCE, HICP and their impact on currenciesCPI, core CPI, PCE, HICP: what each index measures, how inflation drives interest rates and then currencies, and how to read an inflation release.6 min read
- 4NFP and the US jobs reportNFP, unemployment, average hourly earnings, revisions: how to read the US jobs report released on the first Friday of the month and why it shakes forex.6 min read
- 5GDP, PMI, ISM and retail sales: measuring growthQuarterly GDP and its estimates, PMI and the 50 line, ISM, retail sales: learn to read growth indicators, from leading to lagging, and how forex reacts.6 min read
- 6The economic calendar: how to read it and prepare your weekTime, currency, impact, previous, consensus, actual, revision: learn to read a line of the economic calendar, filter it properly and prepare your week ahead.7 min read
- 7Trading economic news without getting burnedVolatility, wider spreads, slippage: the real risks of news releases and three strategies (stand aside, straddle, trade the reaction) with their safety rules.7 min read
- 8Market sentiment: risk-on, risk-off and the COT reportRisk-on, risk-off, safe havens JPY, CHF and USD, the CFTC COT report, contrarian retail sentiment: learn to read the market's mood before you place a trade.6 min read
- 9Intermarket correlations: gold, oil, yields and currenciesGold and the dollar, oil and the CAD, US yields and USD/JPY, stocks and the AUD: understand the links between markets and why these correlations shift.6 min read
- 10Stocks: understanding and trading quarterly earningsEPS, revenue, guidance, P/E ratio: learn to read a company's quarterly earnings and how they move the stock and the major indices during earnings season.7 min read