07 Tháng sáu 2019, USD/JPY
USDJPY trading plan:
The positive dynamics of the stock markets will have a positive impact on the value of USDJPY, as there is a correlation between the instruments. Investors buy shares on expectations global central banks will soon embark on an easing cycle in the face of international trade frictions and fears of a world recession. July will be a big month of central bank USA easing. Investors are expecting Federal Reserve interest rates to fall on July 31. Two-year Treasury yields were near their lowest since December 2017 at 1.88%, having fallen 28 basis points in just two weeks.
Trading recommendation: Buy 108.25 and take profit 108.70.