Positive macroeconomic statistics from the United States | 28 Septiembre 2022
28 Septiembre 2022, USD/JPY
USDJPY trading plan:
Sales of new U.S. single-family homes unexpectedly increased in August, but the rebound is likely temporary, with the 30-year fixed mortgage rate soaring to levels last seen during the Great Recession. New home sales surged 28.8% to a seasonally adjusted annual rate of 685,000 units last month, the Commerce Department said. Mortgage rates have increased even faster. The 30-year fixed mortgage rate averaged 6.29% last week, the highest since October 2008, from 6.02% in the prior week, according to data from mortgage finance agency Freddie Mac.
Investment idea: buy 114.33 and take profit 114.86.
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.
