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Apr 02 - 05:55 PM

USD/JPY - Slides As Risk Sold Hard On Trump's Tariffs

By Krishna Kumar  —  Apr 02 - 04:55 PM

• USD/JPY gives up gains down 0.2% as Trump speaks on reciprocal tariffs

• Trump unveils global reciprocal tariffs

• Brief rally to a high of 150.49 reversed , slide to 149.24 follows

• S&P E-Mini sold from 5773.25 to a 5575.25 low, now down 2.2%

• Nikkei futures shed gains, now down 0.5%

• Resistance 150.50.60, support 149.25-30, 149.00-10, 148.70
Economies with highest US trade deficits in 2024:


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

Source:
London Stock Exchange Group | Thomson Reuters

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