Negative macroeconomic statistics from Japan | 20 Mei 2020

20 Mei 2020, USD/JPY

Negative macroeconomic statistics from Japan

USDJPY trading plan:

Japan's core machinery orders slipped in March, suggesting a widening hit to the economy from the coronavirus COVID-19. The ominous plunge in domestic machine tool orders in April suggests 'core' machinery orders fell sharply last month. Japan's tool machinery orders in April fell to their lowest level in more than a decade. The world's third-largest economy slipped into a deepening recession in the last quarter. This is a negative signal for the Japanese yen!

Trading recommendation: Buy 107.50 and take profit 107.90.

David Johnson
Analyst of «FreshForex» company
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.
manager photo manager photo
Online-support
Dengan senang hati, kami akan menjawab pertanyaan Anda

Tulis

Get bonus