Biden’s team is preparing two more fiscal stimulus packages. The first will be aimed at developing transport and telecommunications infrastructure, as well as supporting green energy. The second will focus on social support: subsidies for children, education and the purchase of medicines. The total size of the two packages can be $3 trillion over several years.

For the US stock market, this is a positive signal, inasmuch as new stimulus programs will boost corporate earnings. A decline in quotes in this currency pair to the area of 108.33 should be used to open Buy positions, insofar as USDJPY correlates with the American stock market.

Investment idea: Buy 108.33/108.20 and take profit 109.00.