# Yen plunges past 160 against dollar for 1st time in 20 months - Nikkei Asia

> The yen slid past 160 per dollar on March 27 for the first time since July 2024, as Middle East tensions drove buying of the dollar. The dollar index was heading for its strongest monthly gain in almost a year, and traders see 161 as a possible intervention trigger.

- Date: 2026-03-27 · published 2026-03-27T12:00:00.000Z
- Category: macro · region Japan · magnitude medium
- Page: https://feedsoft.ai/events/20401-yen-plunges-past-160-against-dollar-for-1st-time-in-20-months-nikkei-asia
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A yen near intervention levels raises the chance of sharp currency moves that affect Japanese import costs for US feed commodities. A strong dollar also tends to pressure dollar-priced grain and meal values.

## Read by commodity

- DXY: bullish ▲
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-09-26 | [Yen dips to 2-month low against dollar as investors bet on longer BOJ pause - Nikkei Asia](https://feedsoft.ai/events/23126-yen-dips-to-2-month-low-against-dollar-as-investors-bet-on-longer-boj-pause.md) | -0.1% | +0.3% |
| DXY | 2023-09-26 | [Yen weakens past 149 to dollar, nearing 1-year low - Nikkei Asia](https://feedsoft.ai/events/34349-yen-weakens-past-149-to-dollar-nearing-1-year-low-nikkei-asia.md) | +0.8% | +1.3% |
| DXY | 2016-11-30 | [Dollar surges to 8-1/2-month high against yen on OPEC deal](https://feedsoft.ai/events/74079-dollar-surges-to-8-1-2-month-high-against-yen-on-opec-deal.md) | -0.6% | +1.3% |
| DXY | 2023-08-28 | [Yen weakens against dollar following Powell's Jackson Hole remarks - Nikkei Asia](https://feedsoft.ai/events/34822-yen-weakens-against-dollar-following-powell-s-jackson-hole-remarks-nikkei-asia.md) | +0.2% | +1.3% |
| DXY | 2024-02-15 | [Thai baht, Malaysian ringgit sink to three-month lows against dollar - Nikkei Asia](https://feedsoft.ai/events/31954-thai-baht-malaysian-ringgit-sink-to-three-month-lows-against-dollar-nikkei-asia.md) | -0.2% | -1.0% |

## Sources

- asia.nikkei.com: https://asia.nikkei.com/business/markets/currencies/yen-plunges-past-160-against-dollar-for-1st-time-in-20-months

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