Published: 2025-03-11T00:48:32.000Z
USD/JPY flows: Continue to search for more downside
FX Analyst
2
Japan Trade Minister Muto received no assurance Japan would be exempt from US tariffs
Japan Q4 2024 final GDP +0.6% q/q
January Household Spending +0.8% y/y
After the meeting with U.S. counterpart, Japan Trade Minister Muto received no assurance Japan would be exempt from US tariffs, which is not surprising at all. The January Japan Household spending continue to grow but far less than estimate, pointing to soft private consumption that is shown in the Q4 GDP.
USD/JPY is trading 0.44% lower at 146.61 as yields all turned south.