USD/JPY Traders Should Note Market Influences

The USD/JPY pair has seen fluctuations as recent discussions between Trump and PM Ishiba failed to yield a trade agreement. With slight easing of geopolitical tensions, JPY longs are unwinding while traders keep an eye on Bank of Japan expectations that continue to support USD/JPY, currently at 144.81 levels.

This market environment presents both risks and potential opportunities for traders. Staying updated on the latest news will be vital for effective trading strategies.