On the eve of the US stock market, there was increased volatility, inasmuch as US President Joe Biden has announced a tax increase for wealthy Americans, whose annual income exceeds $1 million. According to the Bureau of Labor Statistics, the average salary in the United States is $4265 or $51,180 per year. Therefore, most Americans will not be affected by this tax reform, but the media portrayed this news as the biggest evil for corporate America.

After the publication of this news, the American stock market fell by 1% firstly, after which the recovery began. In my opinion, the current levels of the #SP500 index are attractive for opening Buy positions, inasmuch as the rapid vaccination of the population will have a positive influence on the American economy. This is a positive signal for the USDJPY pair, insofar as it has been historically correlated with the US stock market.