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"Trump’s tariff regime will be more disruptive to global economy than markets are pricing"
JPY
Commonwealth Bank of Australia analysts on USD/JPY:
- “We judge that Trump’s tariff regime will be more disruptive to the global economy than markets are currently pricing”
- Risks are tilted to a sharp decline in global equities and a weaker USD/JPY
- USD/JPY could soon sustainably break below support at 148.13

Source: Forex Live