Positive macroeconomic statistics from the United States | 24 Diciembre 2021

24 Diciembre 2021, USD/JPY

Positive macroeconomic statistics from the United States

USDJPY trading plan:

Consumer spending rose 0.6% last month, and the number of Americans filing new claims for unemployment benefits held below pre-pandemic levels last week. Claims dropped between the November and December survey periods, suggesting a pickup in job growth this month. A separate report from the Commerce Department showed consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose 0.6% last month after shooting up 1.4% in October. Services surged 0.9%, accounting for nearly all the gain in spending. The broad increase in services was led by housing and utilities. The new home sales racing to a seven-month high and manufacturing still buoyant in November, came as the nation was battling a resurgence in COVID-19 infections, driven by the Delta strain and the highly transmissible Omicron variant.

Investment idea: buy 114.06 and take profit 114.52.


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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