The Japanese yen fell past 143 per dollar on Tuesday, ending a three-day gain, despite BOJ Governor Kazuo Ueda hinting at potential rate hikes if conditions improve. Ueda pointed to steady recovery and firm corporate performance. A stronger U.S. dollar also weighed down the yen, as markets shrugged off weak U.S. data and rising trade tensions. Trump's plan to double metal tariffs further pressured Japan’s steel sector. Investors await upcoming labor and spending data.
The key resistance is at $143.50 meanwhile the major support is located at $142.85.
The key resistance is at $143.50 meanwhile the major support is located at $142.85.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.