U.S. stocks fell on the back of Trump tariff unease, sending the dollar/yen to the late-148s in the dollar-yen pair.
【2/26Market Overview
In Tokyo time, the USD/JPY fell to148.62yen in the morning, but later rose to149.63yen on rising U.S. Treasury yields in after-hours trading. In European time, USD/JPY briefly rose to149.88yen, but stalled near 150 yen.During New York time, influenced by dollar selling around the London fixing and a decline in U.S. stocks due to Trump’s tariffs against the EU, USD/JPY fell to as low as148.81yen. Afterward, it was bought back to the early- to mid-149s.
【2/27Market View
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