This is the Economic GPS Yen Index Takeaway Report
I'm Thaddeus Cummins.
Today is FEB26 FRI 10:00 AM NY, NY, USA
The Yen Index is mixed with the US dollar up .21%, British sterling down .35% and Euro down .26% as SP500 opened flat in early trading.
The global health crisis brought some businesses to their knees this past year. Since then, the stock market has had a remarkable run, sending the major U.S. indexes to all-time highs.
Point of note, the advantage that the S&P 500 dividend yield has held over Treasury notes during the pandemic has been erased.
Joe Biden's aggressive approach to climate may help Canada's Trudeau move forward on emission goals. Canada is the world's fourth largest energy producing country.
Turkey's trade deficit is narrowing.
#Economic Calendar News
Switzerland's growth shows improvement. US consumer confidence is up as well as US year to year personal consumption.
#Technical Yen Index on the One Hour Chart
British sterling and Euro hammers with long tails suggest long trends with British sterling stretching for new highs versus the Yen. US dollar continues long trend above 200 day moving average with MACD and RSI in top quadrants of historical channels.
This is Thaddeus Cummins looking forward to your continued success and don't forget to be awesome. Good day!
"Meditate on the Good. The Math will Follow"