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Japan’s Top FX Diplomat Mimura: US economy’s outlook up to Trump’s macroeconomic policies

Atsushi Mimura, Japan’s Vice Finance Minister For International Affairs and top foreign exchange official, said on Tuesday, “US economy outlook’s up to Trump’s macroeconomic policies.”

Further comments

Need to closely watch if China’s recent export strength will continue.

Inclined not to comment on individual cases, when asked about Nippon Steel-US.

Market reaction

USD/JPY is flirting with 155.00, falling hard on these comments. The pair is losing 0.35% on the day, as of writing.

USD/INR strengthens as Trump 2.0 era begins

The Indian Rupee (INR) tumbles on Tuesday after reaching a one-week high in the previous session.
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AUD/JPY Price Forecast: Pulls back from nine-day EMA near 97.50

The AUD/JPY cross halts its two-day winning streak, trading around 97.00 during the Asian hours on Tuesday.
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