Published: 2025-08-08T00:57:47.000Z
USD/JPY flows: Got a refund

FX Analyst
2
Japanese trade negotiator Akazawa got a refund
Japanese trade envoy Akazawa said that he has made progress in U.S.-Japan trade as it seems now all rates are capped by 15%. It is mentioned that the U.S. has agreed to correct the presidential order of excessive tariff and will be refunding the excess.
With everything capped by 15% it is a brighter picture than the report earlier in the week and see USD/JPY trading 0.05% higher at 147.18.