# Yen rises after BOJ decision; dollar eyes first monthly gain this year — TradingView News

> The BOJ kept short-term rates at 0.5% by a unanimous vote and raised its core inflation forecast for the current fiscal year to 2.7%. The yen edged higher while the dollar approached a two-month peak after Fed Chair Powell signalled patience on rate cuts.

- Date: 2025-07-31 · published 2025-07-31T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/24004-yen-rises-after-boj-decision-dollar-eyes-first-monthly-gain-this-year
- 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 firmer dollar on hold-longer Fed expectations tends to weigh on dollar-denominated commodity prices, while the yen move affects Japanese import costs for feed.

## Read by commodity

- DXY: bullish ▲
- USDJPY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-07-31 | [Yen plumbs week trough against dollar after BoJ's decisions](https://feedsoft.ai/events/64280-yen-plumbs-week-trough-against-dollar-after-boj-s-decisions.md) | +0.6% | +0.6% |
| DXY | 2022-07-20 | [Dollar rises vs euro as traders eye ECB rate decision](https://feedsoft.ai/events/40712-dollar-rises-vs-euro-as-traders-eye-ecb-rate-decision.md) | +0.2% | -0.7% |
| DXY | 2025-07-29 | [Euro hits one-month low after reality check on US-EU trade deal, markets await cenbank decisions — TradingView News](https://feedsoft.ai/events/23981-euro-hits-one-month-low-after-reality-check-on-us-eu-trade-deal-markets-await.md) | +0.3% | -0.2% |
| DXY | 2016-11-30 | [US dollar extends gain against yen after best month since 1995](https://feedsoft.ai/events/74082-us-dollar-extends-gain-against-yen-after-best-month-since-1995.md) | -0.6% | +1.3% |
| DXY | 2026-06-29 | [Dollar poised for best month in nearly a year; eyes on jobs data, Gulf tension \| MarketScreener](https://feedsoft.ai/events/19011-dollar-poised-for-best-month-in-nearly-a-year-eyes-on-jobs-data-gulf-tension.md) | -0.0% | -0.1% |

## Sources

- tradingview.com: https://www.tradingview.com/news/reuters.com,2025:newsml_L1N3TS03E:0-yen-rises-after-boj-decision-dollar-eyes-first-monthly-gain-this-year/
- tradingview.com: https://www.tradingview.com/news/reuters.com,2025:newsml_L1N3TS04W:0-yen-rises-on-boj-s-cautious-optimism-dollar-eyes-first-monthly-gain-this-year/

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