11 November 2021, USD/JPY
USDJPY trading plan:
Several bondholders of China Evergrande Group have received coupon payments from the indebted property developer, a source with knowledge of the matter said, and easing concerns about a potentially destabilizing default. Chinese media outlet Cailianshe earlier reported several bondholders have received interest payments of the three bond tranches that had a total of more than $148 million in interest payments due last month but which had a grace period. A failure to pay would have resulted in a formal default by the company and trigger cross-default provisions for other Evergrande dollar bonds, exacerbating a debt crisis looming over the world's second-largest economy. This is a good signal for the stock markets and USDJPY, which has a correlation with the shares.
Investment idea: Buy 113.53 and take profit 114.12.
One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts.
This is the 10 portfolio developed by FreshForex specialists. Each of the previous nine portfolios showed positive results, with a total return of 110,7%.
2 steps to get the Invest-portfolio:
✔ Make a deposit of $90 or more until November 29. You fully use these funds in trading.
✔ Send a request to [email protected] with your account number funded.
en 
cn 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 
