Welcome to the first lesson of Module 3, where we will discuss fundamental analysis, a crucial aspect of trading in the Forex market. Fundamental analysis involves the study of economic, political, and social factors that influence the supply and demand for currencies. It helps traders to understand the overall market sentiment and predict potential price movements based on the underlying economic conditions.

While technical analysis focuses on historical price data and chart patterns to make trading decisions, fundamental analysis aims to determine the intrinsic value of currencies by examining macroeconomic factors. In this module, we will explore some of the key economic indicators and events that can have a significant impact on currency prices.

Here's an overview of the topics we'll cover in this module:

1. Central banks and monetary policy
2. Economic Indicators and their impact on the Forex Market
3. Gross Domestic Product (GDP)
4. Inflation and Consumer Price Index (CPI)
5. Employment indicators
6. Interest rates
7. Trade balance
8. Political events and their impact on the Forex market
9. Integrating fundamental analysis with technical analysis

By the end of this module, you will have a solid understanding of how fundamental analysis can help you make more informed trading decisions and improve your overall trading performance.