Japanese exports fell in February | 17 Maret 2021
17 Maret 2021, USD/JPY
USDJPY trading plan:
Japanese exports fell in February for the first time in three months as U.S. and China-bound shipments weakened. Exports to Asia, which accounts for more than half Japan's overall shipments, fell 0.8% in the year to February, while those to European Union declined 3.3%, the data showed. The trade data comes on the eve of the Bank of Japan's two-day policy review at which it may phase out a numerical target for its risky asset buying, underscoring the rising cost of prolonged easing under Governor Haruhiko Kuroda's stimulus.
Investment idea: buy 109.00 and take profit 109.38.
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