【Fundamental × Technical Feature ②】Dollar: US Economic Situation
【Feature: Fundamental x Technical】
Find the optimal solution to read the market!
This time we approach the market from both fundamental and technical perspectives. We analyze major countries and major currency pairs from multiple angles and viewpoints to find hints for the best solutions when facing the market. In addition, we pick up notable individual stocks, cryptocurrencies, and commodities to give a comprehensive conclusion for the 2020 market.
For fundamentals, we have Yen-kura-san provide the outlook for stock indices and FX, and for technically-oriented long-term views on major currency pairs, we have Koji Yamanaka as the FX professional, introducing their analyses as well!
・② Dollar: United States’ situation ←This article is here
・④ Pound: United Kingdom’s situation
・⑤ Australian Dollar: Australia’s situation
・(11) AUD/USD: Chart analysis
・(12) Markets beyond currency pairs (NASDAQ & GAFA, cryptocurrencies & commodities)
※This article is a reprint/edit of FX攻略.com's March 2021 issue. Please note that the market information written in the text may differ from the current market.
YEN-kura Profile
Having worked for more than 20 years as a foreign exchange trader at U.S. Citibank, U.K.-based Standard Chartered Bank, and other foreign banks, currently active as a top professional trader trading FX, Nikkei 225, Nikkei options, and individual stocks. President of ADVANCE Co., Ltd., which primarily distributes investment information.
Newsletter:YEN-kura Real Top Trading
Blog:YEN-kura’s FX Investment Techniques - Investing in the world with USD, JPY, EUR, GBP, and AUD
Twitter:https://twitter.com/YENZOU
Koji Yamanaka Profile
Ascendant Corp. Director. Joined Bank of America in 1982, became Vice President in 1989 and Proprietary Manager in 1993. In 1999, Deputy Head of FX Funds at Nikko Citi Trust Bank. Founded Ascendant in 2002.
Official Blog:FX information delivery site provided by Ascendant / Koji Yamanaka
Twitter:https://twitter.com/yasujiy
Paying attention to the speed of economic recovery
In response to the 2020 coronavirus shock, the U.S. Federal Reserve lowered rates toward effectively zero, conducted ongoing purchases of U.S. Treasuries, and the government undertook large-scale fiscal stimulus. As a result, the Fed’s goals of price stability and maximum employment began to take effect, leading to an early recovery trend.
However, that pace has slowed recently. With a broad, low-rate dollar bear trend continuing, it’s worth watching how quickly the economy recovers to pre-COVID levels.
