Positive macroeconomic statistics from the United States | 14 June 2021

14 June 2021, USD/JPY

Positive macroeconomic statistics from the United States

USDJPY trading plan:

U.S. consumer sentiment rebounded in early June as inflation fears subsided and households grew more optimistic about future economic growth and employment, a fresh survey showed. The University of Michigan said its preliminary consumer sentiment index increased to 86.4 in the first half of this month from a final reading of 82.9 in May. "Stronger growth in the national economy was anticipated, with an all-time record number of consumers anticipating a net decline in unemployment," survey director Richard Curtin said in a statement.

Investment idea: buy 109.51 and take profit 109.91.


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.
David Johnson
Analyst of «FreshForex» company
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