Japan Industry Minister requested the US exclude Japan from steel & aluminium tariffs
USD/JPY has risen as more liquidity enters Asian morning trade.
There is no fresh yen related news apart what has already been posted.
Just crossing now:
- Japan industry minister Muto requested the US eclude Japan from steel and aluminium tariffs
Current indications from Trump are 'no exclusions'.
Also, 2 year JGB yields are hitting their highest since October 2008
Not much:
![usdyen up trend 12 February 2025 2](https://images.forexlive.com/images/usdyen%20up%20trend%2012%20February%202025_id_f0c5681a-89ff-4e63-9e49-7177d942f66f_size900.jpg)