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U.S. consumer sentiment dipped in early January

U.S. consumer sentiment dipped in early January | 18 Januari 2021

18 Januari 2021, USD/JPY

U.S. consumer sentiment dipped in early January

USDJPY trading plan:

The University of Michigan's consumer sentiment index dropped to 79.2 early this month from a final reading of 80.7 in December. "Consumer sentiment posted trivial declines in early January despite the horrendous rise in COVID-19 deaths, the insurrection, and the impeachment of Trump," University of Michigan Surveys of Consumers Chief Economist Richard Curtin said in a statement. Even as the survey's overall reading of sentiment dipped modestly, it plummeted to a six-and-a-half-year low among Republicans while surging to a four-year high among Democrats.

Investment idea: range 103.35 -104.11.

David Johnson
Analyst of «FreshForex» company
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