Negative macroeconomic statistics from the United States | 06 4月 2020

06 4月 2020, USD/JPY

Negative macroeconomic statistics from the United States

USDJPY trading plan:

We are expecting a downtrend to develop. A bearish rally in the U.S. stock market will have a negative impact on the value of USDJPY, as assets are correlated with each other. Stock market fell in late weekly trading after government data suggested that the U.S. economy shed jobs faster than widely expected as the Covid-19 started to hit and deaths in New York saw the biggest one-day rise. The Bureau of Labor Statistics had said earlier that nonfarm employment in the U.S. fell by 701,000 in the month to mid-March, far more than the 100,000 drop expected.

Trading recommendation: Sell 109.30 and take profit 108.90.

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