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Apr 01 - 10:55 PM

USD/JPY - Inches Higher In Nervous Trading, Upside Limited

By Krishna Kumar  —  Apr 01 - 08:52 PM

• USD/JPY up 0.15% in cautious Asia as traders hunker down for Apr 2 tariffs

• Upside limited as U.S. economy weakens, recession fears rise,

• Soggy risk appetite, declining U.S. yields likely to cap rallies; Nikkei -

• All eyes on White House Rose Garden tariff announcement at 4 p.m. ET Wed

• Resistance 150.25-30, 150.60-70, support 149.25-30, 149.00-10

• Asia range 149.64-149.915
Reuters poll - FX - April 2025:


(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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