Happy Friday!

Happy Friday!

This is the Economic GPS Insight Report

I'm Thaddeus Cummins


Today is Mar 19 Friday 10:00 AM NY, NY, USA

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

GBP and EUR in downward trends versus YEN with USD in a trading pattern with short railroad ties.

#Pandemic News

US infection rates have been falling since January but have risen 45% over the past three weeks.

#Climate News

China emits 28% of the world's carbon. Twice the amount of the US. The largest dust storm in a decade blew in to Beijing recently creating a toxic storm twenty times the healthy limit.

#Trade News

Diplomatic talks between US and China were terse as China banned Tesla cars from military bases because of cameras on the vehicles.

#Economic Calendar

A pandemic-era rule allows banks to exclude treasuries and deposits from reserve requirements. Today the US central bank announced it will end the exemption March 31. This potential risk event reminds us that the US Federal Reserve's goals are full employment, stronger growth, inflation near 2% and no rate hikes in 2021 or 2022.

#Technical USD/JPY on the One Hour Chart

USD/JPY in choppy mixed pattern dropping below 200 day moving average.

This is Thaddeus Cummins looking forward to your continued success and don't forget to be awesome. Good day!

Thaddeus Cummins

"Meditate on the Good. The Math will Follow"

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