USDJPY: growth against the background of an increase in the number of carry trade operations
Buy on a level breakthrough of 122.65 with 123.75 target. Stop loss = 122.00.
Reason for the trading strategy
Today's growth of the Nikkei225 by almost 1.6% reflects investors' confidence in the gradual recovery in Japan's economic activity, despite a possible outflow of capital from the country to the United States. Japan's foreign trade statistics helps the number of yen carry trade deals to grow. In November, Japan's foreign trade deficit totaled 379.7 billion yen, with a forecast of 480 billion yen.
Buy on a level breakthrough of 122.65 with 123.75 target. Stop loss = 122.00.
Reason for the trading strategy
Today's growth of the Nikkei225 by almost 1.6% reflects investors' confidence in the gradual recovery in Japan's economic activity, despite a possible outflow of capital from the country to the United States. Japan's foreign trade statistics helps the number of yen carry trade deals to grow. In November, Japan's foreign trade deficit totaled 379.7 billion yen, with a forecast of 480 billion yen.
USDJPY: growth against increase in the number of carry trade operations
ليست هناك تعليقات:
إرسال تعليق