USD/JPY gains on strengthening US Dollar – BBH

FXStreetApr 8, 2025 10:30 AM

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USD/JPY firmed up on USD strength, BBH FX analysts report.

Japan’s record current account surplus boosts JPY

"Japan’s current account surplus widened to ¥2,317bn from ¥1947bn in January to total a record ¥29.1tn in the twelve months to February (4.7% of GDP). Japan’s balance of payments backdrop is JPY supportive especially during periods of heightened risk aversion."

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