Group 1 - The USD/JPY exchange rate is currently trading around 147, showing a slight decline of 0.07% from the previous close of 147.86 [1] - Japanese political figure Saito Ken emphasized the need for caution in the Bank of Japan's interest rate hikes due to potential economic cooling from increased US tariffs [1] - Saito Ken's comments indicate that the Bank of Japan may face political pressure if it resumes interest rate hikes, as rising US tariffs could weaken corporate profits and wage growth in Japan [1] Group 2 - The USD/JPY is in a corrective channel since the low of 147.05 on August 5, with a potential bearish flag pattern forming [2] - A break below the August 7 and 8 lows of 146.75 would confirm the bearish pattern, with the next target being the July 25 low of 145.85 [2] - Immediate resistance is noted at the intraday high of 148.10, with further resistance at 148.50 and the upper boundary of the bullish channel currently at 148.60 [2]