MACRO Signals Confirm Tech Long for USDJPY into FOMC and Rates
169
Fundamentals:
Our macro signals confirm the technical signals to stay long.
If the Fed becomes hawkish, as we believe, then this points to higher yields and a USD strength. Inflation risks are staring the Fed right in the mirror. It is harder to ignore. Tapering from the Fed should be on the table now. Yield Spread is expanding. The yield spread has yet to reach its deleveraging point; thus, long USDJPY . Bullish commodities
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.