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An extended war in Eastern Europe

An extended war in Eastern Europe | 28 February 2022

28 February 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.

David Johnson
Analyst of «FreshForex» company
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