Barclays see support for the yen from the US-Japan trade deal

  • Point to Uhcida's comments
USDJPY

Barclays see support for the yen from the US-Japan trade deal:

  • analysts point to comments from Bank of Japan Deputy Governor Uchida seeing a trimming of uncertainties and bring rate increases closer

A combination of diminished tariff-related uncertainty and accelerated BOJ rate-hike timeline is poised to support the yen in the near term.

usdyen jpy hourly 24 July 2025 2

Yen has been rising since Monday after the election news.

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