Fundamental macroeconomic trends

Hi guys

My first post altho trading fx for a while. One of my strategies is to go withthe macro trend. For example at the start of 2007, those who saw that the owing to the imploding credit crisis etc, the yen was severely undervalued - profited hugely from this trend that arguably is still going on.

I was wondering if there was a source from where one could get good macroeconomic analysis and forecasting. Capital Economics is one that has come to my notice. They charge however - but thats ok - why should they offer it for free ?

If anyone knows of such websites or sources - would be grateful if they could share their insights.

Thanks
fxspasm.

There is a section for Fundamental Analysis at Fxstreet.com.
You could also check the European Statistical Office for past
economic indicator data regarding the Eurozone.

Thanks mate. The thing is I was more interested in macro forecasting. I dont have a econemocs background myself so find it hard to do it myself. No one has a crystal ball and the best get it wrong - sure.

But I believe that understanding econ fundmaentals is vital for forex traders - investopedia has a great chapter on it.

A jump from there is guessing where the global economy is headed. I gave the examle of the yen - at capital economics they got it spot on, among others. This is for long term traders - those who hold for weeks and months.

The charge 6k/per year + VAT. Steep ? Yes. But then why are the biggest banks their customers ?

You may also consider to study the COT reports.

http://www.forexfactory.com/showthread.php?t=67212

Forex has some co-relationship with the COT Reports.

GT/GL.

COTS looks interesting. I will look into it in more detail, thanks.

From data point of view stockcharts have loads of charts from Interest rate, Bond market to commodities and Dollar index and futures. The key obviously is knowing what you should be looking for...
http://stockcharts.com/

Regards.