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Tuesday, July 8, 2025

Asia Market Movers: ForexLive Asia-Pacific FX news wrap: Trump tariff uncertainty extends, weighs on USD, JPY

ForexLive Asia-Pacific FX news wrap: Trump tariff uncertainty extends, weighs on USD, JPY

Japan finmin Kato: no current plans for specific foreign-exchange discussions with Bessent Morgan Stanley MUFG: U.S. tariffs pose risk to Japan's economy PBoC moves to expand Offshore Bond access for... 

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Japan finmin Kato: no current plans for specific foreign-exchange discussions with Bessent

Japan finmin Kato: Will work on negotiations with us on tariffs Not decided whether to attend G20 meetings in South Africa Expect us stance to change as we continue trade negotiations Will take necess... 

Morgan Stanley MUFG: U.S. tariffs pose risk to Japan's economy

Economists at Morgan Stanley MUFG Securities warn that the new U.S. tariffs on Japanese imports could put downward pressure on Japan's economy, particularly if they remain in place for an extended per... 

PBoC moves to expand Offshore Bond access for Chinese Investors

China's central bank announced plans to further open its capital markets by supporting more onshore investors to invest in offshore bonds, as part of broader efforts to liberalise financial flows. Ear... 

JPY is very weak on the day

USD/JPY has hit its highest in two weeks GBP/JPY its highest in 8 months Japanese PM Ishiba is not backing down: Japan PM Ishiba: No tariff deal because Japan kept defending what needs to be defended... 

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FX option expiries for 7 July 10am New York cut

There's just a couple to take note of on the day, as highlighted in bold . And they are all for EUR/USD layered in between 1.1750 through to 1.1800. The broader market focus turns to trade and the ret... 

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