USD/JPY DROPS BACK UNDER 155.00 TO FRESH LOW FOR THE DAY

Tina Collins

21 Jan 2025

USD/JPY fell below 155.00, hitting a new low for the day.

The USD had risen earlier after Trump mentioned considering 25% tariffs on Mexico and Canada.

Trump is considering imposing tariffs by February 1, but his signed order asks for a report by April 1, 2025.

Market volatility is increasing, as Trump’s actions are causing uncertainty.

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USD/CAD HOLDS GAINS NEAR 1.4450 ON TRUMP'S REMARKS ON TARIFFS

JAPAN MOF'S MIMURA COMMENTS ON ECONOMIC OUTLOOK AND BOJ POLICIES

XAU/USD REMAINS FOCUSED ON ALL-TIME HIGHS

EUR/USD PRICE FORECAST: FURTHER WEAKNESS LIKELY BELOW THE 200-DAY SMA