It's already Wednesday!


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.

#Pandemic News

Japan extends the COVID relief programme.

#Climate News

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!

Thaddeus Cummins

"Meditate on the Good. The Math will Follow"

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