The USD/JPY slipped down this morning, breaking the support of 144. The torque was for the last time at levels of 142.86, the FX analysts of OCBC Frances Cheung and Christopher Wong point out.
The risks are still biased
“The Tankan survey was better than expected for large and small manufacturers, supporting the vision of normalization of the Boj’s policy. In other places, the main commercial negotiator of Japan, Akazawa, said that Japan is still exploring whether it is possible to reach a commercial agreement before the deadline of July 9.”
“Trump had threatened to impose a new tariff rate on Japan and commented on Japan no importing American rice when Japan faces a great shortage of rice.”
“The bullish impulse in the daily graph faded while the RSI continues 2025). “
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
.jpeg "On the path of the brigands, in Abruzzo, a story of rebirth")
