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Happy Monday

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.

Genomic surveillance is playing an important role in tracking virus variants.

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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