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New negotiation Nancy Pelosi and Steven Mnuchin

New negotiation Nancy Pelosi and Steven Mnuchin | 30 October 2020

30 October 2020, USD/JPY

USDJPY trading plan:

U.S. House Speaker Nancy Pelosi told Treasury Secretary Steven Mnuchin in a letter that she’s still awaiting the administration’s response on a raft of outstanding issues blocking a deal on a fiscal-stimulus package. “Your responses are critical for our negotiations to continue,” Pelosi wrote. Pelosi said she hoped the selloff in U.S. stocks would prompt Trump to agree to Democratic demands. President Donald Trump has blamed Pelosi for the stalemate, charging her with pressing for a bailout of poorly run Democratic states and cities.

Trading recommendation: range 104.05 -104.75.

David Johnson
Analyst of «FreshForex» company
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