USD/JPY faces pressure as Japan boosts US agricultural imports

USD/JPY trading remains subdued near 153.20 following news that Japan will increase agricultural imports from the United States, including rice purchases. The Trump administration official confirmed the expanded trade arrangement maintains existing sectoral tariffs, suggesting limited immediate impact on the currency pair. Market participants are weighing the trade development against broader political uncertainties affecting yen sentiment. The increased agricultural purchases could marginally improve US trade balance figures, providing mild dollar support. However, the absence of broader tariff adjustments limits the agreement's forex market impact. Technical indicators show USD/JPY consolidating below the 153.50 resistance level, with support established at 152.80. Traders await further clarity on US-Japan trade negotiations and potential Bank of Japan policy adjustments for clearer directional signals.