0210 GMT - A bearish stance on USD/JPY still looks valid into June, analysts at Nomura's global markets research say. The potential for additional U.S. sectoral tariffs on national-security grounds remains high, implying continued challenges for dollar buying, the analysts say in a report. A strong U.S. dollar makes U.S. exports less competitive abroad. Also, while a U.S.-EU agreement has been reached to delay tariff increases, tensions between the U.S. and the EU continue, the analysts say. Concerns about tariffs' negative impact on the eurozone economy may lead investors to favor the yen when selling the dollar, the analysts add. USD/JPY is 0.4% lower at 142.24.(ronnie.harui@wsj.com)
(END) Dow Jones Newswires
May 26, 2025 22:10 ET (02:10 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.