Negative macroeconomic statistics from Japan | 28 2月 2023

28 2月 2023, USD/JPY

Negative macroeconomic statistics from Japan

USDJPY trading plan:

Japan's factory output shrank at the fastest pace in eight months in January as declining overseas demand took a heavy toll on key industries such as auto and semiconductor equipment. It marked the fastest decrease since May 2022's 7.5% fall, when China's COVID-19 lockdown disrupted Japanese manufacturers' supply chains. Output of auto products slumped 10.1%, dragging the overall index lower while manufacturing of items such as production machinery and electronic parts dropped 13.5% and 4.2%, respectively.

Investment idea: buy 136.61 and take profit 137.45.

Do you want to earn on your forecast?

Join our community on Instagram or Facebook! Every week we give $50 to the trading account to the authors of the most accurate forecasts. The giveaway has already started! Forecasts are accepted until 20:00 GMT February 28.

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