Published: 2025-05-13T02:38:28.000Z
USD/JPY flows: Retracing partial Monday gains
FX Analyst
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BoJ Dep Gov Uchida says there is upside & downside risk from US tariffs on Japan's prices
Japan finance minister Kato wants to discuss FX with Bessent
After the euphoric Monday, headlines quiet down on Tuesday. We have remarks from BoJ's Uchida and FM Kato but there isn't anything of substance as they are also uncertain with the future development. Except from Japanese equities, major equity indexes are off session high with U.S. major equity indexes treading into the red.
USD/JPY has retraced partial Monday gains and is trading 0.36% lower at 147.92.