Published: 2025-05-30T02:33:00.000Z
USD/JPY flows: Reversal continues
FX Analyst
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Japan economy minister Akazawa: Will take appropriate actions re tariffs
Tokyo May 2025 headline CPI +3.4% y/y
The reversal in USD/JPY continues after the back and forth result of court ruling on Trump's tariff even the Japanese officials remain on their course to trade talks. It is also helped by Tokyo CPI staying above 3% y/y at 3.4%, ex fresh food is at its highest since January 2023 at 3.6% y/y, ex fresh food & energy at 3.3% y/y, also a yearly high.
USD/JPY is trading 0.19% lower at 143.89.