Commodity Currencies Up, JPY Down as Stocks Gain

Rates as of 0500 GMT Note The CAD index is not updating. Market Recap The Bank of Japan BoJ meeting went quite as expected. Policy remains on hold, as its likely to be for the remainder of the Anthropocene Epoch. They upgraded their view of the growth outlook, as nearly every other central bank has […]
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Oil near 66 ahead of OPEC Meeting, India Weighs

Oil rebounded to 66 a barrel on Tuesday ahead of a meeting of producer group OPEC to discuss oil output policy amid concern Indias coronavirus crisis could dent a recovery in fuel demand. OPEC and allies will hold a monitoring meeting on Tuesday instead of April 28 as planned earlier. A technical meeting on Monday […]
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GBP Slips versus USD; Investors Watch Political Developments

LONDON, April 27 Reuters Sterling slipped against the dollar in early London trading on Tuesday, but remained within the previous sessions ranges and stabilised against the euro, still struggling to regain the momentum it had in the first quarter of 2021. Major currency pairs were little changed ahead of the U.S. Federal Reserve meeting on […]
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