The USD/JPY pair continues to see pressure, particularly as month-end USD buy flows come into play. Additionally, a recent ruling from the US trade court concerning President Trump’s tariffs has brought some stability back into the market, which has faced unpredictability due to these ongoing tensions.

Currently, the USD/JPY is trading at around 145.12, as analysts from OCBC, Frances Cheung, and Christopher Wong note market reactions anticipating upcoming inflation data from both the US and Japan. This data will be pivotal in determining future currency fluctuations and market sentiment.

As the trading day progresses, investors should remain alert to data releases that could affect USD/JPY movements, keeping in mind macroeconomic trends and policy implications.