Positive macroeconomic statistics from the United States | 02 11月 2020

02 11月 2020, USD/JPY

Positive macroeconomic statistics from the United States

USDJPY trading plan:

Positive macroeconomic statistics from the United States signal a continuation of the uptrend. Consumer spending, which accounts for more than two thirds of U.S. economic activity, increased 1.4% last month after gaining 1% in August. Consumers boosted purchases of goods like new motor vehicles, clothing and footwear. They also lifted spending on healthcare, membership clubs, as well as outlays at sports centers, parks, theaters and museums. More than $3 trillion in government pandemic relief, which included a weekly unemployment benefits subsidy, spurred record economic growth in the third quarter.

Trading recommendation: Buy 104.54 and take profit 105.00.

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