# Yen Extends Gains Against Dollar After BOJ Keeps Rates Steady

> The yen gained as much as 0.4% against the dollar to 157.15 after the Bank of Japan kept its policy rate unchanged, then pared most of the advance. Governor Ueda said rate hikes will be judged at each meeting, including the next one, but that stable inflation has not yet been achieved.

- Date: 2026-10-30 · published 2026-11-01T17:11:51.767Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/17275-yen-extends-gains-against-dollar-after-boj-keeps-rates-steady
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A firmer yen and a possible BoJ hike reduce the dollar cost of yen-based inputs and shift currency flows, but the effect on feed grain and meal prices is indirect.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2026-10-30/yen-holds-gains-against-dollar-after-boj-keeps-rates-steady

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.