Dear traders,
this Thursday, on August 2nd at 11am GMT Bank of England meeting will be held to make decision on interest rate.
Bank of England is the central bank of the United Kingdom, which sets key interest rates for financial markets of the country and influences monetary policy of the Kingdom.
FreshForex analyst tells what to expect from this meeting:
"Analysts predict that Central Bank of Great Britain is likely to raise interest rate by 0.75% for the first time since last November. We also recall that approximately 8 months are left till Brexit. That is why statements of top government officials will be extremely cautious, and any harsh statement or resignation of key political figures may cause sharp fluctuations in market."
Monitor closely the situation on market together with FreshForecasts and earn on the key economic events!
FED RATE HIKE: TRADING SIGNALS
Dear traders,
the FOMC (Federal Open Market Committee) holds eight regularly scheduled meetings during the year and announces US Federal Reserve’s decision on interest rates.
The next Fed interest rate decision announcement is scheduled on this Wednesday, August 1st at 6pm GMT and is likely to cause high volatility on market.
Leading FreshForex analyst has commented on it as follows:
"The next Fed interest rate decision announcement is scheduled on this Wednesday, August 1st at 9pm GMT. All traders' attention will be focused on the two-day fed meeting. Rates are expected to remain in the range of 1.75-2%. Experts predict the nearest growth of rates in September and December this year. The uncertainty of the mutual trade relations between the US and China, the lack of clear conclusions on monetary policy, the sharp remarks of US President Donald Trump promise strong volatility at the market in the near future. The fed's decision will be published at 9pm GMT on August 1."
Monitor closely the situation on market together with Fresh Forecasts and earn on the key economic events!
MORE EFFECTIVE TRADING WITH UPDATED METATRADER 5
Dear clients,
FreshForex updates the most modern and convenient trading platform MetaTrader 5 to the latest version!
Technical update to 1881 build is available for operation systems Windows 7/8/10. It provides faster and more stable work of trading platform.
If you haven't updated to the latest build yet, next time you launch MT5 platform, you will be offered to update the software automatically. It won't take much time.
Advantages of MetaTrader 5:
Increased number of timeframes, graphical objects and technical indicators;
New types of pending orders: buy/sell stop limit;
Depth of the market option: information on history of quotes and charts;
Powerful strategy tester;
Built-in economic calendar;
Locking positions option.
Enjoy trading with updated MetaTrader 5 platform!
NEW LEVEL OF PERSONAL DATA PROTECTION
Dear clients,
For us safety of traders is of the utmost importance, for this reason we constantly introduce new modern means of data protection.
You already can enable 2-step verification in the Client Area for added safety of your personal information.
2-step verification is used for signing in to Client Area, funds withdrawal and password change.
How will signing-in change? After you enter correct username and password you will be asked to enter unique one-time password from SMS message.
No one can steal your data with 2-step verification: even if a bad guy gets your password, they don't have access to your phone!
FreshForex provides high protection and safety of confidential information and funds of the clients. However, it's recommended to follow simple safety rules.
We wish you safe and profitable trading!
