Negative macroeconomic statistics from the United States | 18 February 2022

18 February 2022, GBP/USD

Negative macroeconomic statistics from the United States

GBPUSD trading plan:

The number of Americans filing new claims for jobless benefits unexpectedly rose last week. Initial claims for state unemployment benefits increased 23,000 to a seasonally adjusted 248,000 for the week ended Feb. 12. Claims had been declining since hitting a three-month high in mid-January as coronavirus cases, fueled by the Omicron variant, raged across the country. Infections have dropped significantly in recent weeks. There was a near record 10.9 million job openings at the end of December. Claims have plunged from an all-time high of 6.149 million in early April 2020. Worries that the Federal Reserve would embark on a super-hawkish interest rate-tightening campaign eased after minutes released on Wednesday of its latest policy meeting signaled a measured, even dovish stance by policymakers.

Investment idea: buy 1.3599 and take profit 1.3640.

In January, traders faced an uncertain, but very volatile situation in the markets: popular stock indices rose and fell in value, technology stocks have been made cheaper, and oil rose moderately but significantly. During such periods, it is especially important to know which instruments can bring profit.

Our analysts have created an investment portfolio that will smooth out anxiety and tell you about profitable instruments in February. The expected income on the portfolio could be 10%.

2 steps to get the Invest-portfolio:

✔ Make a deposit of $90 or more until February 28. You fully use these funds in trading.

✔ Send a request to school@freshforex.com with your account number funded.

David Johnson
Analyst of «FreshForex» company
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