Stock markets in the United States are closed | 02 سبتمبر 2019
02 سبتمبر 2019, USD/JPY
USDJPY trading plan:
We are expecting quiet trading today. Stock markets in the United States are closed and this event will force traders to refrain from active trading. Investors are waiting for news on the USA-China trade talks. Interest rates in United States moved lower with the 10-Year yield falling to 1.501%, the 2-Year yield was 1.51%. The spread between the 10-year yield and two-year yield narrowed to negative 0.99 basis points. This is a positive signal for the stock markets. Low yields on Government bonds are forcing investors to buy corporate shares.
Trading recommendation: range 106.00 -106.70.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
