This Week's Market Strategy - August 20, 2025 (Wed)
USD/JPY lacks new catalysts and continues to trade sideways around the 147 level with no clear direction.
As always, we need to keep a close watch on any sudden statements from President Trump.
Regarding the Ukraine situation, following a summit between President Trump and President Zelenskyy yesterday, a meeting was also held involving leaders from five countries including the UK, France, and Germany, as well as the EU (European Union) and NATO (North Atlantic Treaty Organization).
The forex market has not been significantly impacted so far, but we will continue to monitor how this situation develops in the future.
The FOMC minutes are due early tomorrow morning. We will need to assess whether a rate cut will be implemented in September.
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