Study the forces behind prices
Different instruments respond to different forces. Exchange rates relate to interest rates and economic expectations; commodities also respond to production, inventories and demand.
Connect the information
Consider economic data, policy statements and expectations together. Prices may already reflect information, and new results can be interpreted in different ways.
Recognise the limits of analysis
Fundamental analysis does not remove uncertainty. Distinguish facts, expectations and speculation, and check sources and release times.
This guide explains trading concepts and is not investment advice. Product terms and availability are set out in formal documents.