Commonwealth Bank of Australia analysts on USD/JPY:
- “We judge that Trump’s tariff regime will be more disruptive to the global economy than markets are currently pricing”
- Risks are tilted to a sharp decline in global equities and a weaker USD/JPY
- USD/JPY could soon sustainably break below support at 148.13
This article was written by Eamonn Sheridan at www.forexlive.com.