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Demand for high-yield assets

Demand for high-yield assets | 30 May 2019

30 May 2019, USD/JPY

Demand for high-yield assets

USDJPY trading plan:

We are expecting high volatility in USDJPY. Investors channel capital into high-yield assets and sell low-yield assets. Investors will sell the Japanese yen and the Swiss franc these are low-income assets. We are expecting the U.S. stock market to grow today. U.S. Special Counsel Robert Mueller said on Wednesday his investigation into Russia's interference in the 2016 election was never going to end with criminal charges against President Donald Trump. Mueller said his office is formally closing its doors and he is now returning to life as a private citizen.

Trading recommendation: Buy 109.55 and take profit 110.08.

David Johnson
Analyst of «FreshForex» company
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