Positive macroeconomic statistics from the United States | 11 Junio 2021

11 Junio 2021, USD/JPY

Positive macroeconomic statistics from the United States

USDJPY trading plan:

The U.S. government posted a May deficit of $132 billion, about a third of the May 2020 deficit of $399 billion, as higher employment and an earlier tax deadline this year boosted receipts sharply, even as COVID-19 pandemic-related outlays grew, the U.S. Treasury said. The Treasury also said taxes withheld from wages increased by 20% to $204 billion during May compared to a year ago, while May corporate taxes rose to $18 billion from $2 billion last year. Outlays for May increased 4% from a year earlier to $596 billion as benefits from President Joe Biden's $1.9 trillion COVID-19 aid package continued to be paid out.

Investment idea: buy 109.18 and take profit 109.75.


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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