[USD/JPY] What the Tariff Agreement Between Japan and the US Means
Early in the morning, President Trump said that the US and Japan reached an agreement on a 15% tariff. At first, the USD/JPY dropped and went down to the low …
Early in the morning, President Trump said that the US and Japan reached an agreement on a 15% tariff. At first, the USD/JPY dropped and went down to the low …
Before the upper house election in Japan, many people sold yen. But now, the buying back of yen (after too much selling) seems to be mostly finished. Yesterday, USD/JPY had …
In Japan’s upper house election, the ruling party lost its majority, as expected, but it was not a big defeat. Because of that, people bought yen, and the dollar/yen rate …
Last week, the U.S. dollar became stronger because U.S. inflation data (CPI) was higher than expected. This made people think the U.S. central bank will not cut interest rates soon. …
After the news about Fed Chair Powell possibly stepping down, the U.S. dollar fell. But in the Tokyo market, the dollar started to go up again. Worries about Japan’s political …
In the Tokyo market, the USD/JPY went above 149 yen and stayed strong. But in the New York market, it suddenly dropped. This drop happened after news came out that …
The U.S. government allowed chip exports to China again. This helped reduce tensions between the U.S. and China, making people sell the yen. At the same time, the U.S. inflation …
At the end of last week, President Trump said he would add a 30% tariff on goods from the EU and Brazil. Because of this, when the Tokyo market opened …
Last week, people expected that the Bank of Japan would not raise interest rates soon, and the U.S. Federal Reserve would also wait before cutting rates. Because of this, the …
The confusion about trade tariffs has calmed down, so the USD/JPY (US dollar to Japanese yen) exchange rate may move sideways (not up or down strongly) for a while. There …