The steepest plunge in payrolls since the Great Depression | 08 5月 2020

08 5月 2020, GBP/USD

GBPUSD trading plan:

Positive data from China will have a positive impact on "high-yield" assets. China's vice commerce minister Wang Bingnan says sales of durable consumer goods such as automobiles and home appliances rebounded significantly during the May Day holiday. The U.S. economy likely lost a staggering 22 million jobs in April, in what would be the steepest plunge in payrolls since the Great Depression. U.S. Federal Reserve saying that it does not view negative rates as “appropriate”, a worsening economic downturn could force the Fed’s arm to expand its crisis response. This is a negative signal for the U.S. currency.

Trading recommendation: Buy 1.2375 and take profit 1.2430.

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