Happy Monday
- Thaddeus Cummins
- Mar 22, 2021
- 1 min read
This is the Economic GPS Takeaway
I'm Thaddeus Cummins
Today is Mar 22 Monday 10:00 AM NY, NY, USA
#Yen Index - USD/JPY, GBP/JPY, EUR/JPY
GBP and USD drop into trading pattern with EUR climbing to 129.7 after last week's big US central bank announcement of no rate hikes and changes to reserve exclusions.
#Pandemic News
Genomic surveillance is playing an important role in tracking virus variants.
#Climate News
China and the US discussed climate but did not form a working group.
#Trade News
International automotive trade has taken the biggest hit from the pandemic.
#Economic Calendar News
US central bank reserve policy change will likely encourage banks to seek new markets that create jobs and flatten the yield curve going forward.
#Technical USD/JPY on the One Hour Chart
Two hundred day moving average bending down as USD/JPY continues short trend in response to the Federal Reserve's appetite for inflation.
This is Thaddeus Cummins looking forward to your continued success and don't forget to be awesome. Good day!
Thaddeus Cummins
"Meditate on the Good. The Math will Follow"
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