Good and bad news | 02 Septiembre 2021

02 Septiembre 2021, USD/JPY

Good and bad news

USDJPY trading plan:

Bank of Japan shows no sign of tapering its massive purchases as the country remains mired in a decades-long battle with deflation. This is a negative signal for the Japanese yen. US private sector employment increased by 374,000 jobs according to the August ADP. Amid the jobs chatter, 10-year Treasury yields eased back to 1.30% and away from the recent top of 1.37%, while the U.S. dollar index touched a one-month low. Fed Chair Jerome Powell said last week that the jobs recovery would determine the timing of the asset purchase tapering.

Investment idea: range 109.55 -110.40.

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