Magazine for Forex Traders

The U.S. Federal Reserve, following the meeting held on July 25 and 26, made the decision on the interest rate, which was expected by the vast majority of investors and traders. It was left at the current level, i.e. in the range of 1 to 1.25 percent. The Fed’s statement notes that currently the total […]

The head of the U.S. Federal Reserve Janet Yellen spoke in the U.S. Senate. She said that at one of the meetings to be held in the next few months, a decision will be taken to increase the interest rate. Yellen believes that there are already necessary conditions for this. The U.S. economy is growing […]

Speaking at the World Economic Forum, Chinese Prime Minister Li Keqiang expressed confidence that the country’s economic growth target of 6.5 percent in 2017 would be achieved. Existing systemic risks are under control. At the same time, he noted that it will not be easy to maintain economic growth rates in the medium and long […]

Mario Draghi, Head of the European Central Bank, spoke at a press conference today after the bank’s meeting. Draghi noted that the ECB intends to continue the implementation of measures within the framework of the existing quantitative easing programme. Answering questions from the mass media, the head of the European Central Bank said, in particular, […]

The head of the Japanese Central Bank, Haruhiko Kuroda, addressed the parliament. In his speech, he outlined the position of the bank’s management on the main issues of monetary policy. In particular, Kuroda said that in the near future the Bank of Japan does not plan to change its rather soft monetary policy. This will […]