CoinVoice has learned that according to Jin10 data, Nomura Securities global market research analysts stated that the bearish stance on USD/JPY still appears valid in June. Analysts noted in a report that the likelihood of the U.S. imposing additional industry tariffs under the guise of national security remains high, which means that dollar buying will continue to face challenges. A strong dollar weakens the competitiveness of U.S. export products abroad.

In addition, analysts said that although the United States and the European Union reached an agreement to delay the tariff increase, tensions between the United States and the European Union continue. Analysts added that concerns about the negative impact of tariffs on the Eurozone economy may lead investors to favor the yen when selling off dollars.