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Positive macroeconomic statistics from the United States

Positive macroeconomic statistics from the United States | 14 June 2021

14 June 2021, USD/JPY

Positive macroeconomic statistics from the United States

USDJPY trading plan:

U.S. consumer sentiment rebounded in early June as inflation fears subsided and households grew more optimistic about future economic growth and employment, a fresh survey showed. The University of Michigan said its preliminary consumer sentiment index increased to 86.4 in the first half of this month from a final reading of 82.9 in May. "Stronger growth in the national economy was anticipated, with an all-time record number of consumers anticipating a net decline in unemployment," survey director Richard Curtin said in a statement.

Investment idea: buy 109.51 and take profit 109.91.

David Johnson
Analyst of «FreshForex» company
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