0210 GMT - A bearish stance on USD/JPY still looks valid into June, analysts at Nomura's global markets research say. The potential for additional U.S. sectoral tariffs on national-security grounds remains high, implying continued challenges for dollar buying, the analysts say in a report. A strong U.S. dollar makes U.S. exports less competitive abroad. Also, while a U.S.-EU agreement has been reached to delay tariff increases, tensions between the U.S. and the EU continue, the analysts say. Concerns about tariffs' negative impact on the eurozone economy may lead investors to favor the yen when selling the dollar, the analysts add. USD/JPY is 0.4% lower at 142.24.(ronnie.harui@wsj.com)
(END) Dow Jones Newswires
May 26, 2025 22:10 ET (02:10 GMT)
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