CADJPY Breakdown (27 May 2020)

Title : CADJPY Breakdown (May 27, 2020)

Broker : Tickmill

Description : CADJPY Daily Outlook – On Tuesday we found out that the U.S. Consumer confidence for May rose to 86.6, vs 82.3 expected, US home price growth picked up in March despite COVID-19. In Germany, consumer morale improves slightly, but job fears remain high, the ECB Said the Euro Area is Still on a shaky ground as the Economy Reopens, the U.K. Retail sales remains depressed, but the decline is expected to ease. On Wednesday we have some medium risk events from the Eurozone and the US mortgage applications as well as New Zealand’s Business Confidence.

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