The Summary of Opinions at the Monetary Policy Meeting on June 17 and 18, 2021 precedes the minutes for this meeting by many weeks. Headlines via Reuters: BOJ has approached time when it needs to show direction on what it can do on climate change via monetary policy BOJ’s response on climate change must be tied
Month: June 2021
AUD/USD remains sidelined, pressured of late, as bulls battle key resistance line. Receding bullish bias of MACD, sustained trading below 100-SMA favor sellers. Three-week-old resistance line adds to the upside filters. AUD/USD struggles to extend the first weekly gains in three during early Monday. That said, the quote seesaws around 0.7585-90, holds lower ground, by
As the increase in demand returns, American Airlines may not have enough pilots and staff to execute an ambitious summer flying schedule. Indeed, this has resulted in the cancellation of hundreds of flights. American Airlines and Delta briefly furloughed 1,600 of their pilots from the federal government’s Payroll Support Program. Consequently, it was more difficult
FOR SEVEN months most investors have been singing the same uplifting song. Since Pfizer and BioNTech published the successful results of trials of their covid-19 vaccine last November, the way to make money in markets has been to bet on a roaring rebound in the global economy, as pent-up demand for all the things the
The Federal Reserve’s surprise policy announcement of last week is still giving FX traders reason for concern. Advertisement During trading on Thursday, the US Dollar Index held just below a 2-month peak. Currency strategists expect that the greenback will experience some additional consolidation in the short term before trending higher. They point out that while
AUDUSD recovers as volatility cools off The Australian dollar recovers as risk sentiment makes a timid return. Despite headwinds from the weakness in copper and iron ore prices, the Aussie takes a breather as the post-FOMC volatility dies down. Calm time allows traders to weigh the shift in the fundamentals. The Aussie fell amid widespread
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In this article @ND.1 @DJ.1 @SP.1 A man walks past the charging bull statue near the New York Stock Exchange. Mandel Ngan | AFP | Getty Images Futures contracts tied to the major U.S. stock indexes rose at the start of the overnight session Sunday evening after the S&P 500 notched its best week since