Be good to yourself, it's Monday.

This is the Economic GPS Takeaway

I'm Thaddeus Cummins.

Today is May 3 Monday 10:00 AM NY, NY, USA

#Yen Index - USD/JPY, GBP/JPY, EUR/JPY

Yen index is in a downward trend this morning with USD/JPY breaking below 109, EUR/JPY below 131.5 and GBP 151.7.

#Pandemic News

Sweden donates 1 million doses of vaccine to global COVAX programme.

#Climate News

European Central Bank Board tells banks to improve climate risks into the assessment of risk to credit, market, operational and liquidity.

#Trade News

Turkey's trade deficit narrowing.

#Economic Calendar News

US manufacturing reports continued expansion.

#Technical USD/JPY on the One Hour Chart

USD/JPY downward trend drops below 109 and 200 day moving average with RSI and MACD bottoming out.

This is Thaddeus Cummins looking forward to your continued success. Good day!

Thaddeus Cummins

"Meditate on the Good. The Math will Follow."

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