Positive macroeconomic statistics from the United States | 10 Oktober 2022
10 Oktober 2022, USD/JPY
USDJPY trading plan:
U.S. employers hired more workers than expected in September, while the unemployment rate dropped to 3.5% from 3.7% the previous month, pointing to a tight labor market which keeps the Federal Reserve on its aggressive monetary policy tightening campaign for a while. Nonfarm payrolls increased by 263,000 jobs last month, the Labor Department said. August was unrevised to show 315,000 jobs added. The yield on 10-year Treasury note jumped was last up 8 basis points at 3.9%; The two-year U.S. Treasury yield, was up 7 basis points at 4.32%. This is a positive signal for the dollar.
Investment idea: buy 144.89 and take profit 145.50.
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.
