TechFlow, May 27 — According to Jinshi Data, Nomura Securities' global market research analysts said the bearish outlook for USD/JPY remains valid into June. In a report, the analysts stated that the likelihood of the U.S. imposing additional sector-specific tariffs on national security grounds remains high, meaning demand for the dollar will continue to face headwinds. A strong dollar undermines the overseas competitiveness of U.S. exports. Additionally, the analysts noted that while an agreement has been reached between the U.S. and the EU to delay tariff increases, tensions between the two sides persist. Analysts added that concerns over the negative impact of tariffs on the eurozone economy could lead investors to favor the yen when selling the dollar.
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