Pressure on USD/JPY continues ahead of Trump-Abe meeting

From forex.com

US President Donald Trump is scheduled to meet with Japanese Prime Minister Shinzo Abe on Friday this week for their first official meeting since Trump’s inauguration. Since taking office, Trump has signed an executive order withdrawing from the proposed Trans-Pacific Partnership (TPP) trade deal, of which Japan was a key participant. Trump has recently and repeatedly accused both China and Japan of devaluing their respective currencies to gain advantages in trade. Trump has also attempted to talk down the dollar, stating that it is “too strong” against the currencies of its trading partners, particularly those ... (full story)