There were reports that Israel attacked Iran in retaliation. Ueda said the BoJ may have to raise rates if the yen continues to fall. US jobless claims remained flat from…

KSAU/USD is bullish despite temporary dips. A new lower low activates a corrective phase. The breakout from the ascending channel pattern heralded exhausted buyers. Gold pared gains after reaching today's…

False breakdowns heralded a new leg higher. The middle line acts as a magnet and attracts the price. A breakout of 1.0664 signaled further growth. EUR/USD is trading in the…

UK inflation fell from 3.4% in February to 3.2% in March. Governor Bailey said the drop in inflation was in line with the central bank's forecasts. There is more caution…

The dollar retreated on Tuesday as investors paused after a sharp rally. The hawkish Fed noted that it has changed its outlook for a rate cut in the US. Recent…

Powell's speech gave no indication of when the rate cuts would begin. Bank of America has revised its outlook and expects the first Fed tapering in December or later. Inflation…

Bearish pressure remains high as long as it is below the median line. A new higher high activates a higher jump. The price action signaled an oversold. GBP/USD rallied today…

China's economy grew more than expected in the first quarter. Fed policymakers have played down expectations of a rate cut. Powell noted that the US economy needs restrictive policies a…

Retail sales and core retail sales in the US jumped in March. The probability of a Fed tapering in September rose to 46%. The data revealed a slight easing in…

Data on Monday revealed a stronger-than-expected 0.7 percent increase in U.S. retail sales. Fed policymakers gradually lost confidence in their progress toward reducing inflation. Japanese officials are continuing their verbal…