The stock markets in the U.S. and Japan are moving up and down in an unstable way, so investors are buying the Japanese yen to avoid risk.
At 1:00 PM today (Tokyo time), new tariffs are expected to start, and this may cause the dollar to fall further against the yen.
However, if talks go well and the tariffs are changed just before they start, the yen may suddenly weaken.
Still, since China is ready to fight back strongly, this change is not likely.
Looking at U.S. stock prices, the new tariffs might hurt the U.S. economy and reduce trust in the U.S. dollar.
In any case, the pressure to buy yen and sell dollars is expected to continue.
USD/JPY Forecast Range: 147.80 – 145.00
Note: This information is not a guarantee of profit. Please make your own decisions when trading.