Investors believe that the Japanese authorities have intervened to support the yen. The interest rate gap between Japan and the US remains wide. The core US PCE price index remained…

The euro strengthened on optimistic data on business activity in the Eurozone. The dollar was weak as business activity in the US fell more than expected. The core PCE price…

Several economic reports from the US point to a slowing economy. US business activity fell in April, showing the impact of higher interest rates. Investors will focus on the FOMC…

On Friday, the BoJ kept rates on hold as expected, giving room to the USD/JPI price. Traders panicked when the yen suddenly jumped for no apparent reason. US GDP increased…

Data from Wednesday revealed weaker US economic growth in the first quarter. A measure of core US personal consumption expenditures jumped 3.7%. Investors are cautious ahead of today's PCE price…

Markets expect the Bank of Japan to keep rates on hold tomorrow. The yen will remain weak if Japan maintains its outlook for gradual rate hikes. As the USD/JPI pair…

Canada released data showing a drop in retail sales in February. There is more pressure on the Bank of Canada than the Fed to cut interest rates. The recovery in…

The bias is bearish as long as it remains within the body of the descending fairies. US data should be decisive today. A new higher high triggers an upward move.…

Staying above the median line indicates further growth. US and Canadian figures should kick off the action later today. The EUR/USD pair is trying to confirm its breakout. The EUR/USD…

Britain's composite PMI rose to 54.0 in April from 52.8 in March. The BoE's chief economist, Hugh Peel, said a rate cut remains a long way off. US business activity…