Positive news from the United States | 14 أغسطس 2020

USDJPY trading plan:

Initial claims for state unemployment benefits decreased 228,000 to a seasonally adjusted 963,000 for the week ended Aug. 8. That was the lowest level since mid-March when authorities started shutting down non-essential business to slow the spread of the novel COVID-19. There were big declines in claims last week in Florida, Georgia and California. The Federal Reserve has published a schedule of government bond buybacks for the coming week. The maximum volume is today. This is a good signal for the American stock market. This is a good signal for the stock market and USD JPY, which has a correlation with the shares.

Trading recommendation: Buy 106.55 and take profit 107.00.