Magazine for Forex Traders

The Monetary Policy Committee of the Bank of England decided to reduce the interest rate to 0.25 percent, which was the historic low for the UK. Purchase of government bonds was increased to £79 billion 780 million. Also, the British Central Bank plans to acquire within a year and a half corporate bonds totaling about […]

The head of the U.S. Federal Reserve, Jerome Powell, presented to Congress a report on monetary policy in the first half of the year. In his speech, he noted the risks that may have a negative impact on the GDP dynamics of the country. The most impor…

International Monetary Fund presented its report “World Economic Outlook”. The Fund’s experts raised the forecast for the growth of global GDP in 2017 from 3.4 to 3.5 percent. At the same time, the report notes the weakening of the growth dynamics of developed countries’ economies. The review does not exclude a higher growth rate of […]

Mark Carney, Head of the Bank of Englandgave a speech in the British Parliament. His speech was dedicated to the exitcountries from the European Union. An undesirable option was also being considered – Brexit withoutTransactions. Mark Carney said tha…

Mark Carney, the Head of the Central Bank of Great Britain, made a speech in the Parliament today. He stated that the Central Bank will act promptly and take all necessary measures that may be required in connection with the negotiations that take place with Brussels on Brexit. Mark Carney admits that the decision to […]