Negative macroeconomic statistics from Japan | 08 Septiembre 2020

08 Septiembre 2020, USD/JPY

Negative macroeconomic statistics from Japan

USDJPY trading plan:

Japan gross domestic product shrank an annualized 28.1% from the previous quarter in the three months through June, worse than the initial estimate of a 27.8% fall, the Cabinet Office reported. Confirmation of Japan’s biggest GDP slide in records going back to 1955 comes as the ruling party prepares to pick a new prime minister next week. Shinzo Abe, the country’s longest-serving premier, last month announced his resignation due to health issues, leaving Japan with less certain leadership to chart a recovery. This is a negative signal for the Japanese currency!

Trading recommendation: Buy 106.17 and take profit 106.48.

David Johnson
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus