The main driver of the yen's weakness comes from the dovish tone of the Bank of Japan's policy. Although the latest minutes of the Bank of Japan's meeting revealed discussions on the upward revision of inflation forecasts and possible interest rate hikes, Naoki Tamura's speech significantly cooled the market's hawkish expectations. He mentioned the uncertainty brought about by trade negotiations, suggesting that the Bank of Japan is expected to maintain its current loose policy until the results are clear. At the same time, Federal Reserve Chairman Powell reiterated his "patient" stance in his testimony to Congress, without clearly giving a time point for interest rate cuts. However, the unexpected decline in the US consumer confidence index in June has increased the market's bets on two interest rate cuts this year. As a result, the US dollar remained stable overall, while the yen was hit from both inside and outside, becoming a representative of weak currencies.#VeteranIBSuccessStory#CommunityAMA#ReviewBrokersforRewards#RealBrokerExperience