“Trump’s tariff regime will be more disruptive to global economy than markets are pricing”

Commonwealth Bank of Australia analysts on USD/JPY:

• “We judge that Trump’s tariff regime will be more disruptive to the global economy than markets are currently pricing”
• Risks are tilted to a sharp decline in global equities and a weaker USD/JPY
• USD/JPY could soon sustainably break below support at 148.13

This article was written by Eamonn Sheridan at www.forexlive.com.