Avoiding the hard-landing | 05 Januari 2023

05 Januari 2023, USD/JPY

Avoiding the hard-landing

USDJPY trading plan:

US recessions have been preceded by an inverted yield curve — when short term rates exceed those of longer tenors — since the late 1960s. Despite the curve being inverted for the ninth time since 1968, it’s probably not a harbinger for a recession. One of the reasons is precisely the fact the yield curve-growth relation has become so well-known and widely covered in popular media that now it impacts behavior. The awareness induces companies and consumers to take risk-mitigating actions, such as boosting savings and avoiding major investment projects — which bode well for the economy. Another strong booster is coming from the job markets, where the current excess demand for labor means laid-off workers will likely find new positions more quickly than typical. This is a good signal for the stock market and USDJPY, which has a correlation with the shares.

Investment idea: buy 132.16 and take profit 133.05.

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