Negative macroeconomic statistics from Japan | 05 Abril 2023

05 Abril 2023, USD/JPY

Negative macroeconomic statistics from Japan

USDJPY trading plan:

Japan's economic output ran below full capacity for the 11th straight quarter in October-December, central bank fresh data showed, suggesting that conditions for ending ultra-low interest rates have yet to fall into place. A negative output gap occurs when actual output is less than the economy's full capacity, and is considered a sign of weak demand that typically puts downward pressure on inflation. The output gap data is among factors the BOJ scrutinises in gauging whether economic growth and domestic demand are strong enough for Japan to sustainably hit its 2% inflation target.

Investment idea: buy 131.11 and take profit 132.00.

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.