Key points:
- Yen rises against dollar
- Buck down 3.5% from 2025 peak
- Tariffs to narrate forex moves
Japanese yen has been adding pips against a weakening US dollar. The tariff games are likely to add volatility to the pair.
🔥 Yen Gains Against Greenback
🌰 Dollar’s Moves in a Nutshell
- The dollar has been gradually losing its edge against the yen this year. Since peaking at a 2025 high of ¥158.90, the greenback has erased about 3.5% from its valuation to float at current market prices.
- A flurry of events has complicated the American currency’s trajectory. President Trump over the weekend said he’s rolling out tariffs to Canada and Mexico. But by Monday he had changed his mind.
🎮 Let the Tariff Games Begin?
- Now, the US and China have been caught in a kerfuffle as they try to outsmart one another with tariffs. The US has slapped China with 10% import duties on all that comes into the country.
- And China has introduced 15% tariffs on certain imports and 10% on American crude oil. Let the tariff games begin?