Magazine for Forex Traders

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 […]

On Sunday the French chose among the candidates for the presidency. As a result, two candidates, Emmanuelle Macron and Marin Le Pen, entered the second round. They won 24% and 22% of the votes, respectively. European Union representatives congratulated Macron on his victory. However, many voters are not satisfied with the results of the first […]

The Fed made the expected market decision to raise the rate to 1-1.25 percent. Almost all members of the Open Market Operations Committee believe that there will be another rate increase by the end of 2017. The meeting also reviewed the forecast for the growth rate of the U.S. economy. The Fed now expects the […]

As a result of the meeting of the Bank of Japan it was decided to keep the key rate at the same level – minus 0.1 percent. It meets the expectations of most analysts. Bank said it intends to continue the implementation of the incentive program. Annual asset purchase volume remained unchanged – 80 trillion […]

Mario Draghi, Head of the European Central Bank, announced in his speech to the European Parliament that the ECB intends to pay special attention to the dynamics of the euro exchange rate. This is due to the fact that the high volatility of the single currency is a factor of uncertainty and complicates the process […]