Positive macroeconomic statistics from Asia | 08 8月 2019

08 8月 2019, USD/JPY

Positive macroeconomic statistics from Asia

USDJPY trading plan:

Positive macroeconomic statistics from Asia will have a positive impact on the value of USDJPY. China's exports unexpectedly returned to growth in July despite escalating U.S. trade pressure- July exports rose 3.3% from a year earlier, the fastest since March. But imports remained weak, declining 5.6% and highlighting still sluggish domestic demand. That left China with a trade surplus $45.06 billion last month, compared with a $50.98 billion surplus in June. This factor signals a bullish rally in the stock markets. USDJPY correlates with stock markets and we're expecting positive dynamics today.

Trading recommendation: Buy 106.04 and take profit 106.62.

David Johnson
Analyst of «FreshForex» company
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus