External broker reports(aggregated public sources), Mizuho

Mizuho

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External broker reports(aggregated public sources)

FX & Rates

<ul><li>The dollar/yen pair will move erratically in July as the deadline for tariff negotiations looms, but there is not much momentum for dollar buy-backs, so the pair will probably trade with a heavy topside for a prolonged period</li><li>The postponement of the Trump administration’s reciprocal tariffs will end on July 9, with trade talks between the US and other nations like Japan set to wrap up before this date</li><li>Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick have made several announcements about the closeness of deals with other countries</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The dollar/yen pair will move erratically in July as the deadline for tariff negotiations looms, but there is not much momentum for dollar buy-backs, so the pair will probably trade with a heavy topside for a prolonged periodThe postponement of the Trump administration’s reciprocal tariffs will end on July 9, with trade talks between the US and other nations like Japan set to wrap up before this dateTreasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick have made several announcements about the closeness of deals with other countriesContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

JPY

Mizuho Dealer's Eye (July, 2025)