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By: Adam Stone
April 27th, 2016 07:45am GMT, London UK

Market Recap & Outlook:

As investors ready themselves for Central Bank policy meetings in Japan and the US this week, we saw the Dollar retreat against the Yen and most other major currencies this Tuesday. USD/JPY struck lows of 110.67 rising to 110.83 at last, off 0.3 percent for the day. The US Central Bank, while not expected to take action on interest rates will be under close examination by traders awaiting its assessment of the global economy and its monetary policy outlook. Much of the market foresee the pace of increases to be slow amid concerns regarding global economic growth and divergent monetary policies between the US and other Nations. The Bank of Japan is set to finish its two-day policy meeting on Thursday with expectation mounting of even more easing to come.

The British Pound was at ten week highs against the Dollar ( GBP/USD ), owing in part to diminishing concerns regarding the British exit from the European Union. The US Dollar Index, fell to 94.42 in early trade .It last stood at 94.53, down 0.22 percent for the day.

Crude Oil prices rose approximately 3 percent on Tuesday, helped by a rally in the gasoline market and a falling Dollar boosting commodities, while the opinion holds that the Federal Reserve will keep interest rates as they stand. US gasoline futures soared more than 3 percent to their highest since August, boosting refinery margins, after a series of Gulf Coast refinery unit outages, buying from Venezuela and an apparent drop in New York inventories.

USD/JPY: A binary Put option coincides with the trend, seen below.
USDJPY  Binary Options Insights for April 27th 2016

GBP/USD: A binary Call option coincides with the trend, seen below.
GBPUSD  Binary Options Insights for April 27th 2016

EUR/GBP: A binary Call option coincides with the trend, seen below.
EURGBP Binary Options Insights for April 27th 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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