China will maintain a prudent monetary policy | 02 Agustus 2021

02 Agustus 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
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