0252 GMT - The focus is shifting from global economic worries owing to tariffs, to U.S.-China trade friction, SMBC's Hirofumi Suzuki says in an email. "In this context, it would be a blow to the Japanese economy, which has strong economic ties with both the U.S. and China," says the chief FX strategist and head of research group in Treasury. Also, "risk-off sentiment is increasing, and appreciating pressure on the Japanese yen remains strong," Suzuki says. While there's no clear target for USD/JPY, levels such as 140 could become key points of "awareness," Suzuki adds. USD/JPY is 0.5% lower at 143.71. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
April 10, 2025 22:52 ET (02:52 GMT)
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