Traders need to determine support and resistance levels and decide where to open and close positions. Watch the video to learn more!
Webinar "FUNDAMENTAL ANALYSIS. How to understand policy of central banks?"
Information is not investment advice
Forex traders often hear about central bank meetings which provoke rapid currency moves, but don’t know how to predict the outcomes of these events.
FBS analyst Darya Bobrova will explain:
- How a central bank works: its structure, monetary policy.
- How central banks influence the currency market.
- What is the current policy of major central banks?
- How to trade on central bank meetings.
Everything you need to know for the first week of August
EUR/USD is surging despite the worse-than-expected German GDP, gold is approaching the all-time high and GBP/USD is edging up for the 11th day in a row.
It seems like the Fed meeting yesterday marked a final drop in the USD for now.