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Trump SNS tweets to again cause USD/JPY chop



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  • Trump SNS tweets again likely to become a focus for FX trading

  • Tweets seen likely to cover any and all topics

  • Trade and tariffs the focus today with Trump talking upping tariffs

  • Focus of tariffs Mexico, Canada (NAFTA countries) and China today

  • Japan not a focus for now but many Tokyo players anxious

  • As the case with Europe/NATO, many anticipate renewed US demands on Japan

  • Seems security pacts like NATO, Japan-US Security Treaty of little import

  • Japan also bracing for fresh trade, other demands from Trump administration

  • USD/JPY choppy on most recent Trump trades, 153.90-154.48 EBS so far

  • See nS0N3MD01X, nL2N3MW0XI, for more click on FXBUZ


(Haruya Ida is a Reuters market analyst. The views expressed are his own)

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