Magazine for Forex Traders

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 […]

In the United States, it’s beena conference that discussed the issue of monetary policy changeof the regulator. At the opening of the event, the head of the Fedresearch, Jerome, delivered a speechPowell.He noted in his speech thatThe Federal Reserve …

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 […]

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 […]

The ECB Board of Governors at its regular meeting decided not to make any changes to the current monetary policy. The key rate, which determines the cost of credit in the economy of the region, remained zero, which is a record low level of this important indicator. The overnight deposit rate also remained at the […]