United States RealClearMarkets/TIPP Economic Optimism (MoM) below forecasts (44.1) in May: Actual (41.8)

May 7, 2024

Canada Ivey Purchasing Managers Index s.a registered at 63 above expectations (58.1) in April

USD/JPY trades higher as USD finds its feet. Intervention still a threat

USD/JPY trades at 154.35 on Tuesday, up almost three tenths of a percentage point, mainly as a result of the US Dollar (USD) ending its post-FOMC losing streak and recovering on the back of comments from Federal Reserve (Fed) officials suggesting they are not in a hurry to cut interest rates.