16 Tháng mười một 2021, USD/JPY
USDJPY trading plan:
Surging inflation and expectations of a potentially more hawkish Federal Reserve are accelerating a rally in the U.S. dollar. Wall Street gauges whether rising inflation will push the Fed to speed up the unwind of its bond-buying program and raise rates more aggressively than expected. Inflation has run hotter than expected in recent months, bolstering the argument that the Fed will have to act more aggressively to tame rising consumer prices. Higher U.S. rates tend to make some dollar-denominated assets, like Treasuries, more attractive to yield-seeking investors.
Investment idea: Buy 113.99 and take profit 114.46.
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