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Key Points - U.S. President Trump stated during a joint press conference with French President Macron that the tariffs deferred for Canada and Mexico until March 4 would proceed as scheduled. - In Germany, there is growing speculation that easing the debt limit will be difficult due to populist parties securing a constitutional veto threshold. - In Japan, Bank of Japan Policy Board Member Hajime Takata hinted at a potential rate hike, stating that if the economic outlook materializes, it will be time to shift gears.
Major Economic Events This Week + February 25: Germany Q4 GDP + February 27: U.S. Q4 GDP + February 28: Germany February CPI, U.S. January PCE Price Index
USDJPY Chart Analysis After failing to break through the 155 resistance level, USDJPY fell to the expected low of 149. However, it appears to have found support at this level, suggesting a possible rebound toward the 155 level again. In the broader trend, the downward bias remains toward the 140 level, but in the short term, an upward move to 155 remains possible.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.