Be good to yourself, it's Thursday!


This is the Economic GPS Takeaway

I'm Thaddeus Cummins.

Today is May 20 Thursday 10:00 AM NY, NY, USA

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

GBP and EUR JPY pairs find trading patterns as USD/JPY continues downward trend as gold rises.

#Pandemic News

CDC reports 159 of 328 million Americans have received one dose of COVID vaccine.

#Climate News

Singapore may be the carbon trading hub for pricing carbon in the east. There are 61 carbon trading hubs globally. Half use carbon taxes and half are emission trading hubs. Climate change may be the biggest market failure in history.

#Global Trade News

European trade ministers are exploring a post-Trump reset of transatlantic relations.

#Economic Calendar News

Core inflation rises in Canada, falls in Europe and is flat in Britain.

#Technical USD/JPY

USD/JPY continues downward trend line with MACD bear cross fully formed on 1HR chart.

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

Thaddeus N. Cummins

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

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