Japan’s Hayashi: Once again, asked the US to exempt Japan from auto tariffs
Source Fxstreet
Japan Chief Cabinet Secretary Yoshimasa Hayashi said on Thursday that they have “once again, asked the US to exempt Japan from auto tariffs.”
Further comments
"US auto tariffs are extremely regrettable."
"Will continue to work closely with us and take necessary steps to resolve issue."
Meanwhile, Japanese Prime Minister (PM) Shigeru Ishiba said on Thursday, Tokyo will put "all options on the table" in dealing with Washington's announcement to impose a 25% tariff on automobile imports.
Market reaction
At the time of writing, USD/JPY is off the lows but remains 0.24% lower on the day near 150.20.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, hovers around 104.30.
Gold price (XAU/USD) attracts follow-through buyers for the second consecutive day and climbs to a fresh record high, around the $3,077-3,078 area during the Asian session on Friday.
Bitcoin (BTC) price stabilizes at around $87,000 on Friday, as its RSI indicates indecisiveness among traders.
The EUR/USD pair struggles to capitalize on the previous day's goodish bounce from over a three-week low, around the 1.0730 area, and edges lower during the Asian session on Friday.
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