Hi guys! 👋🏻
🔔 The US vaccination plan and restrictions implemented resulted in a decrease of the new active cases.
🔔 Johnson and Johnson reported that their vaccine is 72% effective against moderate and severe disease in the US, and 57% in South Africa. In South Africa, 95% of cases in the trial were due to a variant known as B.1.351, which is known to be more contagious and carries mutations.
🔔 President Biden’s administration already signed a policy to lift the rate of vaccination among the US delivering more than 33 million shots. The European Union on the other hand is demonstrating a rather weaker approach to beating the Covid-19 spread, with Spain hitting new records of Covid-19 cases.
🔔 US GDP as per the final quarter of the last year, released on January 28, demonstrated a 4% growth, while the data from the EU, released yesterday, were rather unsettling. Europe's GDP (QoQ) is down 0.7% and (YoY) is down 5.1%. Despite the released positive PMI data and a rather positive Core CPI (YoY) s per January, Euro still looks weaker against the US Dollar.
🔔 Current support of $1.20200 is keeping the bears above it as it was a heavy resistance earlier, that means if this support is brokean we might see a greater correction of the pair.
🔔 The Non-farm Employment change which is going to be released today and tomorrow's Initial Jobless Claims will be significant for the USD, as the employment growth is the FED’s key metrics for the economic recovery.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
🔔 The US vaccination plan and restrictions implemented resulted in a decrease of the new active cases.
🔔 Johnson and Johnson reported that their vaccine is 72% effective against moderate and severe disease in the US, and 57% in South Africa. In South Africa, 95% of cases in the trial were due to a variant known as B.1.351, which is known to be more contagious and carries mutations.
🔔 President Biden’s administration already signed a policy to lift the rate of vaccination among the US delivering more than 33 million shots. The European Union on the other hand is demonstrating a rather weaker approach to beating the Covid-19 spread, with Spain hitting new records of Covid-19 cases.
🔔 US GDP as per the final quarter of the last year, released on January 28, demonstrated a 4% growth, while the data from the EU, released yesterday, were rather unsettling. Europe's GDP (QoQ) is down 0.7% and (YoY) is down 5.1%. Despite the released positive PMI data and a rather positive Core CPI (YoY) s per January, Euro still looks weaker against the US Dollar.
🔔 Current support of $1.20200 is keeping the bears above it as it was a heavy resistance earlier, that means if this support is brokean we might see a greater correction of the pair.
🔔 The Non-farm Employment change which is going to be released today and tomorrow's Initial Jobless Claims will be significant for the USD, as the employment growth is the FED’s key metrics for the economic recovery.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
Nothing is true, everything is permitted.
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🤖 Get 20% fee cashback on CoinW with this link - www.coinw.com/frontweb/invitePublicity?r=azizelliott
