Magazine for Forex Traders

Participants of the annual symposium in Jackson Hole were looking forward to the speech of the head of Fedresev Jerome Powell. His speech was also focused on investors and traders. Jerome Powell’s performance can be called optimistic in general. He began by stating that the recent normalization of monetary policy is well founded and justified. […]

World problems have a negative impact on the growth of the European economy, said the representative of the European Central Bank, Benoît Cherè. According to him, the continuing uncertainty associated with geopolitical events, as well as protectionis…

The head of the Federal Reserve Bank of St. Louis JamesBullard in his meeting with the press outlined his position on the main directionof Fed’s policy. In particular, he stated that he considered it necessary to reduce the keythe rate at the July me…

The head of the Fedresearch Janet Yellen today spoke at the annual economic symposium held at Jackson Hole. In her speech, she focused on the regulation of the American banking system. According to Yellen, the change in the existing rules should be moderate and correspond to the main objective. It consists in increasing the financial […]

The Fed’s manualdecided not to change the interest rate. It was kept at the level2.25-2.5 percent. It wasn’t a surprise for the markets. Most of them…Analysts and economists expected this to be the solution. It was taken almostunanimously. It’s jus…