Published: 2026-01-02T05:31:56.000Z
Asia Summary and Highlights 2 Jan
2
USD/JPY points north
TACO on Italian Pasta from Trump
Asia Session
The USD/JPY is heading north on the second day of the new year. It is reported earlier that Trump has decreased the proposed tariff on Italian pasta import significantly. USD/JPY is trading 0.33% higher at 156.85.
The risk sentiment is upbeat for U.S. major equity indexes. HSI is also posting more than a percent of gains. AUD/USD is trading 0.37% higher at 0.6698, NZD/USD is also trading 0.09% higher while USD/CAD slips 0.08%. Previous metal remains volatile but today is support for these commodity currencies. Else, EUR/USD is down 0.08% and GBP/USD is up 0.05%.