Published: 2025-04-22T02:49:44.000Z
USD/JPY flows: Under pressure
FX Analyst
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Japan economy min Akazawa confirms agriculture will not be compromised in US tariff talks
Japan's Finance Minister to meet with US Treas Sec Bessent to discuss FX matters
USD/JPY is retesting Monday low and quickly approaching the 140 figure. We heard from Japanese ministers on their take towards trade deal, suggesting less compromise from the Japanese side while the FM is going to meet with U.S. Treasury Secretary Bessent to talk about FX. It seems to be weighing on JPY as a coloration of FX intervention could push the JPY significantly higher, though it is unlikely for now.
USD/JPY is trading 0.15% at 140.64.