If the U.S. employment statistics are strong, will USD/JPY rise? Bitcoin continues its struggle near 1.2 million yen July 5 (Friday)
In this video, we will review important economic indicators and market conditions for Friday, July 5, market movements, and popular EA rankings.
■Video
<Reference site>
Yahoo! JAPAN Finance
https://info.finance.yahoo.co.jp/fx/marketcalendar/
■Key points for today
- Canada: payrolls and unemployment rate; United States: change in nonfarm payrolls, unemployment rate, and average hourly earnings to watch!
- If the U.S. employment data is strong, expectations for rate cuts may diminish and rates may rise, causing stock prices to fall. Conversely, the dollar may be bought and USD/JPY may rise.
- Bitcoin against the yen trades in the early 1,200,000 yen range. The battle around 1.2 million yen continues?
- The top-selling EA is “Koku.” Second and third places swapped from the previous day, with 2nd being “Avail-USDJPY-” and 3rd being “InstaFX Evolution.”
■Bitcoin/JPY, 1-hour chart
Source: BTC/JPY chart by TradingView
===============================================
With a subscription-based service「Money Up」,
you can access articles on trading methods from famous traders and the many videos depicting them,
as well as almost all articles from the pre-release monthly magazine ‘FX Tactics.com’ in advance,
with various contentunlimited reading and viewing for a monthly fee of 980 yen!
Details arehere