An extended war in Eastern Europe | 28 Februari 2022
28 Februari 2022, USD/JPY
USDJPY trading plan:
An extended war in Eastern Europe could lead to higher global energy prices and higher U.S. inflation, forcing the Fed to tighten monetary policy aggressively, and higher interest rates could become a larger headwind for the U.S. economy. Tightening labor market conditions are boosting wage growth and contributing to high inflation. Rising wages and better job security should, however, help underpin consumer spending and sustain the economic expansion despite the headwinds from tighter monetary policy and the Russia-Ukraine conflict.
Investment idea: range 115.00 -115.90.
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.
