U.S. consumer sentiment dipped in early January | 18 يناير 2021

18 يناير 2021, USD/JPY

U.S. consumer sentiment dipped in early January

USDJPY trading plan:

The University of Michigan's consumer sentiment index dropped to 79.2 early this month from a final reading of 80.7 in December. "Consumer sentiment posted trivial declines in early January despite the horrendous rise in COVID-19 deaths, the insurrection, and the impeachment of Trump," University of Michigan Surveys of Consumers Chief Economist Richard Curtin said in a statement. Even as the survey's overall reading of sentiment dipped modestly, it plummeted to a six-and-a-half-year low among Republicans while surging to a four-year high among Democrats.

Investment idea: range 103.35 -104.11.


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.
David Johnson
Analyst of «FreshForex» company
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