USD/JPY continues to commerce with a declining tilt with continued uncertainty and questions concerning the protected function of the greenback. With FX conversations between us and Japanese officers on the horizon and Tokyo, it won’t tolerate the weak spot of the yen, the destructive bias stays sound-although extreme situations could provoke short-term counterattacks, and FX analysts in OcBC Francis Chiong and Christopher Wong.
USD/JPY underneath stress amid tariff tensions
“The US greenback/ JPY continues to commerce with extreme bias amid the uncertainty and the rising suspicion of the US greenback standing as a protected forex/ a preliminary backup. This week, there was additionally an affirmation that the US Treasury Secretary Busant and the Minister of Finance in Japan will focus on FX points.
“The bias stays to promote marches in opposition to the US greenback/JPY. The husband was one other on the stage of 142.76. Every day momentum however a lower in average RSI. The bias remained deviant to the destructive aspect however he warned of the greenback/JPY close to the sale situations.
2025-04-16 10:00:14
https://editorial.fxsstatic.com/photographs/i/USDJPY-bearish-line_Large.png