By Krishna Kumar — Mar 31 - 08:40 PM
• USD/JPY drifts slightly lower in nervous trading ahead of April 2 tariffs
• Treasury yields and Wall Street futures lower in Asia, weigh on USD
• US 10-year yield down 3 bps, S&P E-Mini -0.35% on Trump tariff uncertainty
• Upside limited as US stagflation fears continue to dominate
• Japan business mood worsens as Trump tariff uncertainty lingers
• Resistance 150.25-30, 150.60-70, support 149.45-50, 149.00-10
• Asia range 149.78-150.13
Countries most exposed to U.S. auto tariffs:
(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters