JPY upside risks

The US dollar remains weaker on a year-to-date basis on President Trump’s more pragmatic approach to implementing trade tariffs. But that could be about to change. Derek Halpenny, Head of Research Global Markets EMEA & International Securities talks to Seiko Kataoka-Fisher Head of Japanese Customer FX Sales about the risks for the US dollar going forward given the imminent threat of tariffs on Canada and Mexico next week and the numerous other tariff plans ahead. Derek also discusses the outlook for the yen on the back of more hawkish rhetoric from the BoJ and the potential for further gains ahead. Disclaimer: www.mufgresearch.com (PDF)