Min Joo Kang, a senior Korean and Japanese economist at ABN AMRO, said that Japan's investment of up to 550 billion US dollars in the US, as well as the Bank of Japan's dovish stance, may put pressure on the yen. She pointed out that at a White House event, US President Trump announced that the US and Japan will jointly advance the Alaska LNG project, but emphasized that most of the benefits will remain in the US. Meanwhile, Bank of Japan Deputy Governor Uchida Shinichi also released a dovish signal today, implying that the central bank has no urgency to raise interest rates. Min Joo Kang believes that the Bank of Japan may need more time to evaluate the details of the trade agreement and its specific impact on the economy.

Min Joo Kang, a senior Korean and Japanese economist at ABN AMRO, said that Japan's investment of up to 550 billion US dollars in the US, as well as the Bank of Japan's dovish stance, may put pressure on the yen. She pointed out that at a White House event, US President Trump announced that the US and Japan will jointly advance the Alaska LNG project, but emphasized that most of the benefits will remain in the US. Meanwhile, Bank of Japan Deputy Governor Uchida Shinichi also released a dovish signal today, implying that the central bank has no urgency to raise interest rates. Min Joo Kang believes that the Bank of Japan may need more time to evaluate the details of the trade agreement and its specific impact on the economy.