Happy Friday!


This is the Economic GPS Takeaway

I'm Thaddeus Cummins

Today is Mar 26 Friday 10:00 AM NY, NY, USA

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

GBP, USD and EUR all climbed versus JPY in overnight trading.

#Pandemic News

Many experts are anticipating that Biden's vaccination roll out will release pent-up demand as Americans spend money and celebrate.

#Climate News

Green transition estimated at $4.6 trillion globally.

#Global Trade News

The Ever Given container ship remains stuck in the Suez Canal, drawing attention to the importance of international shipping and global value chains. Seventy to ninety percent of global goods are shipped by container ships.

#Economic Calendar News

The personal consumption expenditure (PCE) price index reports muted inflation as consumer sentiment is up suggesting economic growth.

#Technical USD/JPY on the One Hour Chart

USD/JPY price action climbs to new highs with resistance at 109.7. Early Friday trading is forming head and shoulders as traders transition into the weekend.

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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