So, let's take the example of Iraq, businesses in this country is been affected by wars, which is also affects the whole economy of the country. The economy is not stable, so that affects the market power of their currency. Comparing it to country who has a stable economy and politics. Investors or traders will of course choose a country's currency that is better than the other.
Traders, especially that fundamental analyst used this analysis for a long term trades, because it takes time for them to analyze and predicts before they trade. These are few of those fundamental analysis objectives.
* to predict its probable price evolution,
* to make a projection on its business performance,
* to evaluate its management and make internal business decisions,
* to calculate its credit risk.
Traders, especially that fundamental analyst used this analysis for a long term trades, because it takes time for them to analyze and predicts before they trade. These are few of those fundamental analysis objectives.
* to predict its probable price evolution,
* to make a projection on its business performance,
* to evaluate its management and make internal business decisions,
* to calculate its credit risk.