China will maintain a prudent monetary policy | 02 8月 2021

02 8月 2021, USD/JPY

China will maintain a prudent monetary policy

USDJPY trading plan:

China will maintain a prudent, flexible and targeted monetary policy in the second half of the year, its central bank said, as it seeks to support growth while keeping the digital economy in check. China will focus on maintaining stability in its macro policies over the second half, and will not inject massive liquidity through “flood-like” measures, the bank said. The central bank reiterated that China will keep the yuan exchange rate stable within a reasonable and balanced range. This is a good signal for the stock markets and USDJPY, which has a correlation with the shares.

Investment idea: buy 109.52 and take profit 109.95.

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