Correlation between USDJPY and stock markets | 27 мая 2021

27 мая 2021, USD/JPY

USDJPY trading plan:

The bullish rally in the stock markets will have a positive impact on the value of USDJPY, as the assets are correlated with each other. Global equities markets have been supported by a concerted effort from major central banks that have pumped trillions of dollars in financial markets since last year while reiterating their lower-for-longer interest rate stance as they seek to cast any inflation rise as temporary. Earlier this week, U.S. Federal Reserve Vice Chair Richard Clarida said he believed recent inflation pressures would «prove to be largely transitory».

Investment idea: buy 108.95 and take profit 109.35.

David Johnson
Analyst of «FreshForex» company
Согласны с этим обзором?
Мнения трейдеров:
Close
Авторизация
В вашем браузере отключена поддержка cookie. При отключенной поддержке cookie в браузере у вас могут возникнуть проблемы с отображением Личного кабинета. Как включить (активировать) поддержку cookie.