Positive macroeconomic statistics from the United States | 30 Junio 2021

USDJPY trading plan:

The S&P/Case Shiller composite index of 20 metropolitan areas gained 14.9% through the 12 months ended in April, the largest annual price increase since December 2005. On a month-to-month basis, the 20-city composite index rose 1.6% from March. U.S. home prices have surged nationwide in large part due to limited supply. Contrary to the run-up to the 2007-2009 financial crises, the current boom does not feature a frenzy of speculators and buyers with low credit scores buying homes and trying to flip them. Prices are at a record while sales volumes are still roughly 20% below their peak level in mid-2005.

Investment idea: buy 110.39 and take profit 110.85