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Mar 31 - 10:55 PM

USD/JPY - Inches Lower As Wall Street Futures Sag

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

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