The US Treasury repays bonds worth $ 45 billion | 14 July 2020

14 July 2020, USD/JPY

The US Treasury repays bonds worth $ 45 billion

USDJPY trading plan:

The US Treasury repays bonds worth $ 45 billion, which will positively affect the value of the European currency. The inflow of dollar liquidity into the financial system always has a negative impact on the dollar. This is factor forces investors to increase their short positions in the U.S. currency. The Federal Reserve has published a government bond buyback schedule in the next two weeks. A high volume of transactions is scheduled for July 14, 21. The maximum volume is today. This is a negative signal for the U.S. currency!

Trading recommendation: Sell 107.50 and take profit 107.17.

David Johnson
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus