This is the Economic GPS Takeaway
I'm Thaddeus Cummins.
Today is July 7 Wed 10:00 AM NY, NY, USA
#Yen Index - USD/JPY, GBP/JPY, EUR/JPY
The downward trend of the Yen index is led by the USD/JPY.
U.S. President Biden says the economy is being driven by the pandemic.
The European Union launched a big climate plan for "our children and grandchildren."
#Global Trade News
Dutch trade surplus €4.8 billion.
#Economic Calendar News
"The bottlenecks for intermediate products ... have a dampening effect, however they do not impair the positive underlying dynamic of the overall economy," said the German Economy Ministry.
USD/JPY relative strength index less than 10 and is below 200 day moving average as bear cross expands.
This is Thaddeus Cummins looking forward to your continued success, Good day!
"Meditate on the Good. The Math will Follow"