USD/JPY - Overview as of 09.05.2025

Financial and commodity markets analytics


The U.S. trade agreement with the U.K. has boosted hopes for progress in tariff talks with other countries. It is the first agreement in a month since Trump announced a 90-day pause in trade tariffs to allow room for negotiations.At the same time, there are concerns that the trade agreement with London will not provide a reliable model for similar deals. This cools the markets' optimism about the outcome of the US-China trade talks scheduled for Saturday.Amid the US Fed's actions and the general information background, the USD/JPY pair received buyers' support. The instrument is testing again the resistance area, which we wrote about earlier: 146.50-14.00.