Happy Friday.

Updated: Mar 22


This is the Economic GPS Insight Report

I'm Thaddeus Cummins

Today is Mar 12 Friday 10:00 AM NY, NY, USA

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

The US dollar climbs to 109 versus the Yen as the British sterling climbs to 152 and then drops back to 151.5. The Euro is in a trading pattern versus the Yen near 130. Price action suggests central banks are not immediately concerned about inflation potential of US $1.9 trillion relief package. Initial actions taken by the global senate of central banks support US relief expenditures.

#Pandemic News

As more US governors start opening their states' economies trends suggest COVID could be whipped by summer 2021.