This is the Economic GPS Takeaway
I'm Thaddeus Cummins.
Today is May 12 Wed 10:00 AM NY, NY, USA
#Yen Index - USD/JPY, GBP/JPY, EUR/JPY
USD, GBP and EUR YEN pairs all down waiting for FOMC minutes.
Japan extends the COVID relief programme.
US climate advisor says nuclear power essential to meeting emission goals.
#Global Trade News
Australia PM says trade volumes show China values bilateral relations.
#Economic Calendar News
Mexico's economy grows 20% y/y in April
#Technical USD/JPY on the One Hour Chart
USD/JPY pair rebounds at 108.6 with MACD and RSI low at bottom edge of Bollinger Bands.
This is Thaddeus Cummins looking forward to your continued success, Good day!
"Meditate on the Good. The Math will Follow"