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USDJPY Monthly Report
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Aug ' 25 Yen Report

In our 09-Jul-25 report (USDJPY 146.81), an initial rise to 150-152 was expected, followed by a fall to 144.50-143.50 before eventually rallying towards 155 in the long term. As anticipated, the USDJPY observed the high of 150.92 on 01-Aug before reversing lower. President Donald Trump announced 15% tariffs on auto imports from Japan in exchange for a $550 billion package of U.S. bound investment and loans.
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