Magazine for Forex Traders

Press conference of ECB Head Mario Draghi (20.07.2017)

On July 20, a meeting of the Board of Governors of the European Central Bank took place, at which it was decided to maintain interest rates at the same levels. The parameters of the quantitative easing program of the European Central Bank also did not change. After the end of the session, Mario Draghi answered […]

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Address by Mario Draghi, ECB Head (20 October 2016)

In the press conference of the European Central Bank, which is traditionally held after the announcement of the interest rate decision, its head Mario Draghi made a speech. He stated that soft monetary policy cannot be eternal. The issue of QE expansion after March next year was not even discussed by the bank. Draghi noted […]

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OPEC managed to agree to reduce oil production (30.11.2016)

After negotiations and consultations that have been actively conducted in recent months, the countries of OPEC still managed to overcome the existing differences in positions and agree to reduce oil production to 32 million 500 thousand barrels per day. No such agreement has been made by the cartel in the last eight years. The total […]

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Elvira Nabiullina spoke at the Financial Congress

In her speech Elvira Nabiullina assessed the economic situation in the country. In particular, she said that Russia’s GDP will grow by 1.5-2 percent per year in the medium term. The growth rate may be higher if structural reforms are implemented. Nabiullina also noted that the implementation of measures to accelerate economic growth, proposed by […]

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