The positive dynamics of the stock markets | 07 Junio 2019

07 Junio 2019, USD/JPY

USDJPY trading plan:

The positive dynamics of the stock markets will have a positive impact on the value of USDJPY, as there is a correlation between the instruments. Investors buy shares on expectations global central banks will soon embark on an easing cycle in the face of international trade frictions and fears of a world recession. July will be a big month of central bank USA easing. Investors are expecting Federal Reserve interest rates to fall on July 31. Two-year Treasury yields were near their lowest since December 2017 at 1.88%, having fallen 28 basis points in just two weeks.

Trading recommendation: Buy 108.25 and take profit 108.70.


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.
David Johnson
Analyst of «FreshForex» company
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