Fundamental factors are the main economic and financial information, as well as other notifications having an effect on trend. In this regard, a trader should be extremely careful during carrying out a basic research. That is, he must understand clearly what aspects have the greatest influence on the currency movement, especially, how to properly comply with them in the process of building of new operations and closing of already existing positions. To be updated of the latest events on Foreign exchange market, visit website hqbroker.com. When a speculator learns to define what influences on exchange rates, he will almost achieve success in trading on the international Forex market, as this sign acts as base of trade process on the currency exchange platform. You just need to know after what the situation price will begin to grow or fall. It is important to define here the weight of fait accompli and its impact on a trend. Fundamental factors are guidelines for the trader Experts of HQBroker Legit are divided the news which influencing exchange rates into 2 big categories: 1. Planned - news that can be learnt previously by means of the economic calendar (public statements of directors of the Central Banks, articles containing financial statements and values of indexes). As a rule, even before news appearance the market platform already responds to the expected data. At the same time speculators can attract good profit on usual expectation. Trade process on the basis of such news is characterized by existence of planning and simplicity. It is the best for traders to use only the most significant events that are followed by 3 “Bulls” in the calendar. 2. Unexpected – information on natural cataclysms, terrorist attacks, accidents which can't be known in advance. Its appearance is monitored by means of news determinant or a subscription to the news channel. The first way is the most demanded among dealers as it promotes fast reaction to the message and turning on of currency filter. Often, these data initiate a strong and short jump or decline of cost. Using these notifications, a speculator can gain large income, but trade is also characterized by the increased riskiness. Moreover, you can receive latest fundamental notifications on your mobile, just open account with HQBroker Forex. Detailed classification of the main aspects of influence So, now we will consider in more detail the factors influencing on exchange rate: 1. Country's trade balance. In other words, it’s a ratio of export and import transactions. The ideal option is when the balance (a difference between export and import) is hovering around zero, the exchange rate would then be the stablest. 2. Macroeconomic indicators of the state including inflation rate, unemployment rate, GDP, etc. 3. Policy of the State’s Central Bank (issuance of currency, interventions of currencies, discount rate, deals with loan duties). 4. Large investment programs and the foreign trade agreements. They can directly or indirectly influence on inflow or outflow of a foreign currency. 5. Trust of the people to the state money - keeping savings in foreign currency that is the reason of negative impact on national currency rate. 6. Currency speculation – intended “change” of exchange rate by large players of the interbank (world) market platform. 7. Force majeure situations: military actions, protests, strikes, etc. Before taking advantage of the fundamental factors in your trading, do not forget to check economic calendar and forex trading hours.