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Analyst: The biggest Favourable Information of the US-Japan trade protocol lies in shifting the focus of the trade war.
On July 23, Jin10 reported that Sean Callow, a forex analyst at Sydney's InTouch Capital Markets, stated that the biggest favourable information for Japan regarding the US-Japan trade agreement is Trump's shift in the trade war focus. The so-called $550 billion investment is more of a political number and has limited short-term impact on the market. The USD/JPY exchange rate will continue to maintain a typical positive correlation with Japanese stocks and is expected to rise slightly at the moment.