USD/JPY
US stock market tried to show a positive trend on the expectations of easing trade restrictions for China. This week, Biden intends to discuss with Yellen duties on imports of Chinese goods. If it turns out that Washington is not yet ready for such liberalization, then the desire for risk will noticeably decrease, and the dollar will «crush» the yen again. So far, the trading momentum is on the side of the bears.
US stock market tried to show a positive trend on the expectations of easing trade restrictions for China. This week, Biden intends to discuss with Yellen duties on imports of Chinese goods. If it turns out that Washington is not yet ready for such liberalization, then the desire for risk will noticeably decrease, and the dollar will «crush» the yen again. So far, the trading momentum is on the side of the bears.
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