Negative macroeconomic statistics from Japan | 17 мая 2022

17 мая 2022, USD/JPY

USDJPY trading plan:

Japan's wholesale prices in April jumped 10% from the same month a year earlier, data showed. Unlike other central banks worried about surging inflation, the Bank of Japan has kept its ultra-easy monetary policy in place on the view that the cost-push rise in inflation is not bringing long-term price expectations to its 2% target. Japanese firms have been slow in passing on rising cost to households as soft wage growth does little to help consumer sentiment and makes them cautious about scaring off consumers with price hikes. Data on Friday is expected to show Japan's core consumer price index, which excludes volatile fresh food costs but includes energy costs, rose 2.1% in April from a year earlier.

Investment idea: buy 128.98 and take profit 129.54.

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.