Month: June 2021

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
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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
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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
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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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