Investor risk appetite is expected to remain subdued in the near term, according to Hirofumi Suzuki, chief FX strategist and head of Treasury Research at SMBC.
reciprocal U.S. tariffs fully in effect later todayrisk sentiment is likely to stay deterioratedWhile talks to roll back some tariffs are underway, Suzuki cautioned that any meaningful progress is unlikely in the short term. The situation is further complicated by the emergence of countermeasures—including U.S. retaliation against China’s own retaliatory tariffs—which he said is exacerbating investor anxiety.
As a result, the Japanese yen could see further upside against the U.S. dollar.
environment is placing upward pressure on the yen,USD/JPY could fall by another 1 to 2 yen by the end of the week This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about risk sentiment to stay weak in near term yen may strengthen further was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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