Yen holds gains vs US dollar as markets brace for reciprocal tariffs

By X-blogger - on April 2, 2025

USD/JPY Daily Chart

The yen rose and the dollar index fell as investors digested the latest round of U.S. economic data ahead of tariff announcements from the Trump administration due today. U.S. manufacturing contracted in March after two consecutive months of expansion.

The Dollar-Yen pair fell 0.3% in the last session. The MACD is giving a positive signal.
Support: 148.95 | Resistance: 150.29

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