Negative macroeconomic statistics from Japan | 21 Febrero 2022

21 Febrero 2022, USD/JPY

Negative macroeconomic statistics from Japan

USDJPY trading plan:

Japan’s key inflation measure weakened last month in another sign that Japan’s price dynamics are at odds with a global trend. Growth in consumer prices excluding fresh food slowed to 0.2% in January from a year earlier, compared with 0.5% in the previous month. The BOJ chief has repeatedly reiterated his view that there is no need to discuss normalizing policy with prices still so distant from a 2% target. The central bank underlined its commitment to stick with its stimulus framework earlier this week when it offered to buy government bonds at a fixed rate to keep yields below a ceiling.

Investment idea: buy 114.72 and take profit 115.31.

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.