Published: 2025-07-14T00:49:18.000Z
USD/JPY flows: Volatile opening

FX Analyst
1
The market opened lower on Trump's 30% tariff on EU and Mexico
The market opened lower on Trump's 30% tariff on EU and Mexico. While market anticipates "TACO" and Trump suggesting EU are talking with him over the weekend, the broader risk sentiment remains sour.
USD/JPY opened lower at 147.13 from Friday's close at 147.40, currently still down 0.26% at 147.02. The gap was closed once and saw USD/JPY spiking higher to 147.57.