USDJPY Breakdown (6 May 2020)

Title : USDJPY Breakdown (May 6, 2020)

Broker : Tickmill

Description : USDJPY Daily Outlook – On Tuesday we found out that the U.S. trade deficit widened by almost 12% in March as the coronavirus pandemic grounded international flights, froze the global tourism industry and caused massive disruptions in the exchange of goods such as new cars and iPhones. Canada’s trade deficit also soared, and the UK services PMI, as well as the Swiss Consumer Prices, fell.

Tickmill is a trading name of Tickmill Ltd, a member of Tickmill Group, which is regulated by the Seychelles Financial Services Authority (FSA). Tickmill provides premium trading products and services with transparency and innovative technology. With a proven track record of strong financial results and stable growth, Tickmill has put itself in an enviable position as a trusted market leader and innovator.