Japan logged its largest current account deficit | 08 3月 2023

08 3月 2023, USD/JPY

Japan logged its largest current account deficit

USDJPY trading plan:

Japan logged its largest current account deficit ever in January as a combination of global slowdown and China's Lunar New Year holidays undermined the country's ability to earn from trade. The trade balance, a part of the current account, also hit a record deficit. The current account deficit, at 1.98 trillion yen, was more than double a median market forecast of 818.4 billion yen. It was the biggest on record, the government said, reporting the figures. January was the second straight month in which the current account balance was weaker than a year earlier, the Ministry of Finance data showed, illustrating Japan's waning strength in international trade.

Investment idea: buy 137.05 and take profit 137.75.

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