# Japanese Yen strengthens vs USD on BoJ's hawkish pause

> The BoJ held its policy rate at 1.25% in an 8-1 vote, with one member dissenting in favour of a hike. Its statement said core inflation is likely to stay near target and risks remain tilted to the upside, and a hot Tokyo CPI report added to December hike expectations. USD/JPY fell for a third day while US-Iran diplomacy hopes and lower US yields weighed on the dollar.

- Date: 2026-10-30 · published 2026-11-01T17:11:51.802Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/17276-japanese-yen-strengthens-vs-usd-on-boj-s-hawkish-pause
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Expectations of a December BoJ hike and softer US yields are pushing the yen higher, a macro move with little direct bearing on feed commodity prices.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- fxstreet.com: https://www.fxstreet.com/news/japanese-yen-strengthens-vs-usd-on-bojs-hawkish-pause-focus-shifts-uedas-presser-202610300326

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