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By: Adam Stone
April 26th, 2016 07:45am GMT, London UK

Market Recap & Outlook:

Asian shares and the US Dollar fell this Monday as investors took profits from the recent gains the currency’s made ahead of the Central Bank’s meetings in the US and Japan this week. Against the Yen the Dollar dropped 0.6 percent to 111.11 Yen after it had previously risen to 111.90 , its highest level since April 1st. The Euro added 0.2 percent to $1.1243 ( EUR/USD ).

GBP/USD moved back from an almost six week high after President Obama warned this weekend that Britain would be at the “back of the queue ” to arrange a trade deal with the United States in the event of a British exit from the European Union. After President Obama’s warning , betting odds have moved in favor of Britain remaining in the 28 member EU.
European shares rose higher on Monday, the pan European FTSEurofirst 300 index was up 0.1 percent at 1,373.16 points and was just 0.9 percent off from last Thursday’s peak which marked the highest level since January .

In the coming week the Euro zone is to release both preliminary data on first quarter growth this Friday and an initial estimate for inflation for April. The FED is due to meet on Wednesday and investors will be watching intently for hints regarding the future course of interest rate increases. Markets in Japan are due to close this Friday for a national holiday.

USD/JPY : A binary Call option coincides with the trend , seen below.

USDJPY Binary Options Insights for April 26th 2016

EUR/USD : A binary Call option coincides with the trend , seen below.

EURUSD Binary Options Insights for April 26th 2016

GBP/USD : A binary Call option coincides with the trend , seen below.

GBPUSD Binary Options Insights for April 26th 2016

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Adam Stone
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Adam Stone

As COO of GOptions, my first and foremost goal is to provide traders with the most up to date info from the markets. I have been trading the markets since 2004 and have been involved with stocks, binary options, and forex trading since then. I have had no formal market education and pride myself on a self taught approach to everything related to trading. I try to focus though on both the technical and fundamental aspects related to each trading day and bring forward the most important aspects of risk/reward in the market.
Adam Stone
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