Sources of Fundamental Analysis Information

If you decide to make a fundamental analysis as part of your forex trading, you should base your research on information coming from such sources as analytical reviews of specialists, which can be generally found on specialized newspapers. You can also base your fundamental analysis on charts and tables of the various numerical economic indicators.

Generally you can find updated information on most of the indicators every month. However, exceptions are the GDP (Gross Domestic Product) and the Employment Cost Index, which are reported every quarter of the year. 

Information on the economic indicators is reported in pairs, where the first number represents the latest period and the second number represents the revised number for the previous month that comes before the latest period. The revision of the economic indicator numbers is done since the institution that is responsible for the data releases is able to make information compilation for one month period. This is important for forex traders since they are in a better position to make conclusions about the conditions of the economy.

Additionally, the releases are made at different times of the day, and the most important ones are made at 8:30 am ET. The US currency futures market opens at 8:20 am ET in order to allow for more accurate last-minute adjustments.

You can find releases in such financial newspapers as the Wall Street Journal, the Financial Times and the New York Times. Additionally, a good source of information is the specialized magazines (e.g. Business Week). Forex traders can also find information on such online sources as the Reuters, Bloomberg and the Bridge Information System. These sources provide a compilation of the information from the other printed sources as well as their own data, which is of an up-to-date character.

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