{"id":17420,"date":"2025-02-28T07:54:11","date_gmt":"2025-02-28T07:54:11","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=17420"},"modified":"2025-02-28T07:54:11","modified_gmt":"2025-02-28T07:54:11","slug":"yen-gains-as-tariff-threats-shake-asian-stocks","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/yen-gains-as-tariff-threats-shake-asian-stocks\/","title":{"rendered":"Yen Gains as Tariff Threats Shake Asian Stocks"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/yen10-1024x559.png\" alt=\"\" class=\"wp-image-17048\" \/><\/figure>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Key Points<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Nikkei 225 fell 3%<\/strong>, closing at <strong>37,109.79<\/strong>, as trade fears triggered a broad sell-off in Asian markets.<\/li>\n\n\n\n<li><strong>USD\/JPY dipped to 149.62<\/strong>, as traders sought safety in the yen amid growing trade risks.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Asian Stocks Drop as Trade Tensions Resurface<\/h2>\n\n\n\n<p>Asian markets suffered <strong>steep losses on Friday<\/strong> after <strong>U.S. President Donald Trump reaffirmed plans for additional tariffs on China, Canada, and Mexico<\/strong>. The fresh <strong>10% tariff on Chinese imports<\/strong>, set to take effect on <strong>March 4<\/strong>, alongside the <strong>25% levies on Canada and Mexico<\/strong>, heightened investor concerns over escalating trade tensions.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">US President Donald Trump vowed to impose another 10% tariff on Chinese goods on top of the 10% tariff he levied earlier, adding that his proposed 25% tariffs on Mexican and Canadian goods will take effect March 4 over the fentanyl opioid crisis <a href=\"https:\/\/t.co\/3dG99y0s3K\">https:\/\/t.co\/3dG99y0s3K<\/a> <a href=\"https:\/\/t.co\/6e2SgJhVde\">pic.twitter.com\/6e2SgJhVde<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1895300390167408958?ref_src=twsrc%5Etfw\">February 28, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The <strong><a href=\"https:\/\/www.vtmarkets.com\/indices\/\">Nikkei 225<\/a><\/strong><strong> plunged 3.0% to 37,109.79<\/strong>, while South Korea\u2019s <strong>Kospi fell 3.4% to 2,532.39<\/strong>, and Hong Kong\u2019s <strong>Hang Seng Index lost 2.7% to 23,075.46<\/strong>. The risk-off sentiment extended across regional equities, with traders pulling capital from <strong><a href=\"https:\/\/m.economictimes.com\/markets\/stocks\/news\/tcs-infosys-and-other-it-stocks-fall-up-to-6-amid-fears-of-trade-war-slowing-us-economy\/articleshow\/118620315.cms\">export-heavy stocks and tech firms <\/a><\/strong>that rely on stable global trade conditions.<\/p>\n\n\n\n<p>The <strong>Japanese yen strengthened<\/strong>, with <strong>USD\/JPY falling to 149.62<\/strong>, as traders sought refuge from market volatility. The <strong><a href=\"https:\/\/www.wsj.com\/finance\/stocks\/asian-stock-markets-fall-yen-strengthens-on-trumps-fresh-tariff-threats-eec8cc31\">Australian dollar<\/a><\/strong><strong> also declined 0.5% to 92.99<\/strong>, while the <strong>euro weakened 0.2% to 155.45<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Analysis<\/h2>\n\n\n\n<p>The <strong>USD\/JPY pair<\/strong> is showing a mild <strong>uptrend of 0.13%<\/strong>, with the price <strong>opening at 149.798 and closing at 149.987<\/strong>. The pair tested a <strong>high of 150.161<\/strong> before pulling back slightly, while the <strong>low was recorded at 149.098<\/strong>. The <strong>moving averages (5, 10, 30)<\/strong> are sloping upward, suggesting continued <strong>bullish momentum<\/strong>, and the price is currently attempting to <strong>break above resistance at 150.16<\/strong>. The <strong>MACD shows increasing buying pressure<\/strong>, with the MACD line crossing above the signal line and a growing positive histogram.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/image-9-1024x439.jpg\" alt=\"\" class=\"wp-image-17421\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Picture: USD\/JPY eyes 150.16 breakout as bullish momentum builds, as seen on the <\/em><em><a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WAhttps:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a><\/em><\/p>\n\n\n\n<p>Looking ahead, <strong>a sustained move above 150.16 could push the pair toward higher resistance levels<\/strong>, possibly targeting <strong>150.50 or higher<\/strong>. However, failure to break above this level may result in a <strong>pullback toward 149.60 or 149.20<\/strong>, where recent support has held. Traders should keep an eye on <strong><a href=\"https:\/\/t.co\/QKhE8YDgCC\">US economic data<\/a><\/strong><strong>, <\/strong><strong><a href=\"https:\/\/t.co\/76Iay2DBs8\">Treasury yields<\/a><\/strong><strong>, and <\/strong><strong><a href=\"https:\/\/t.co\/DrH3jwzBxS\">Bank of Japan (BoJ) <\/a><\/strong><strong>policy signals<\/strong>, as these will heavily influence the next move.<\/p>\n\n\n\n<p>With <strong>trade uncertainty dominating sentiment<\/strong>, markets remain <strong>sensitive to further tariff developments and central bank guidance<\/strong> in the coming weeks.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a><\/strong><strong> and <\/strong><strong><a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a><\/strong><strong> now.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The yen strengthened as Asian stocks fell sharply as Trump&#8217;s tariff plans hit sentiment as a stronger USD rattled gold. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":64,"featured_media":17044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[45],"class_list":["post-17420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-yen"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/17420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=17420"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/17420\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/17044"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=17420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=17420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=17420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}