Magazine for Forex Traders

The summit will consider the search for new opportunities for the economic development of participating countries, as well as the management of the global economy and finance. In addition, it is envisaged to discuss how to revive global trade and investment between countries. According to the news agencies, the summit gave priority to bilateral meetings […]

OPEC in Algeria is over. According to news agencies, the exchange of views of the meeting participants led to a preliminary agreement on limiting the volume of oil production. Proposed to reduce the total oil production by 796 thousand barrels per day by OPEC member countries. The largest oil producer, Saudi Arabia, is ordered to […]

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 […]

The International Monetary Fund held a conference. During her work, the head of the American Central Bank, Jerome Powell, gave a speech. He noted that investors should not expect any unexpected decisions from the Federal Reserve system. The interest rate will rise. However, this will happen gradually. The process of monetary policy normalization will not […]

In the United States, a regular meeting of the Federala backup system. It resulted in a decrease of the key rate by 0.25percentage point up to 2-2.25 percent. Eight out of ten voted for this decision.members of the Open Market Operations Committee. E…