Magazine for Forex Traders

The regular meeting of the Board of Directors of the Bank of Russia was held last Friday. Its participants decided to reduce the key rate to 7.5 percent. The statement of the Russian Central Bank notes that short-term inflation risks have become weaker. Most likely, in 2018 the growth rate of consumer prices will be […]

Vienna hosted the event expected by the oil market participants – the meeting of OPEC.As a result of this agreement, the expected decision was made to extend the agreement on the reduction of oil production until April next year.The oil ministers of …

The chairman of the Fed Reserve, Jerome Powell, gave a detailed interview to PBS, which aroused interest among investors. He said that interest rates had not yet reached a neutral level. Markets took this statement as a signal that the Fed’s key interest rate will continue to rise in the near term. Powell noted that […]

Mark Carney, Head of the Bank of England, said it’s too early to talk about a rate hike. It’s not time for correction yet. According to him, there are no relevant signals to address this issue. In particular, low wage growth rates ease inflationary pressures. Mark Carney also noted that there is no consensus in […]

18 and on May 19 in Chinese Shenzhen will be held Forex Expo 2018. The decision to hold the event in China was made after the impressive success of Forex Expo 2017. Last year, guests from all over the world were also hosted by China. The exhibition will be held at the Shenzhen International Exchange. […]