Daily News | US jobs created by – Japan?

This global trading week is almost over, but there are still very lucrative trades to be made, so make sure you make the most of the time we have left. We know all the most important news stories, so let us dive right in. This Friday, we decided to focus on the Japanese yen. From Wednesday to Thursday, the currency rose from $0.00882 to $0.00889. Currently, Japan is working on a package that could generate 700,000 US jobs and help create a $450 billion market. They should present it to US President Donald Trump next week. These plans should see the light of day during Prime Minister Shinzo Abe’s visit to Washington on February 10th, so make sure you are ready when this happens. We move on to the other currency we wanted to discuss today, the US dollar. In the same period, the USD dropped from €0.9297 to €0.9256. Regardless, it seems that the growth of US jobs most likely accelerated during the month of January, with a steady increase in wages. This seems to be a good start for the Trump administration, which is seeking to boost the economy and employment. We will continue to monitor this in the future, so follow us next week as well!

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