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Apr 23 - 08:55 PM

USD/JPY - Eases In Early Asia On P/Taking; Trump Comments Ignored

By Krishna Kumar  —  Apr 23 - 06:52 PM

• USD/JPY -0.3% as sellers take advantage of Wed 141.54-143.58 rally

• Trump says he has not had contact with Fed's Powell but might call him

• Says he thinks he has a deal with Zelenskiy, Putin

• Adss that any reduction in tariffs on China depends on Beijing's actions

• USD had rallied offshore as Bessent said China tariffs not sustainable

• Bessent also said no specific currency targets in U.S.-Japan trade talks

• Asia range 142.89-143.45; resistance 143.60, 144.20, support 142.60, 142.20
The Fed's foggy outlook:


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

Source:
London Stock Exchange Group | Thomson Reuters

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