# Dollar gains broadly, slips against yen with interest-rate policy in focus

> The dollar rose broadly and held near a two-year high, while the yen edged up from five-month lows. Traders are digesting the likelihood that the Federal Reserve will make fewer rate cuts in 2025.

- Date: 2024-12-30 · published 2024-12-30T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/27132-dollar-gains-broadly-slips-against-yen-with-interest-rate-policy-in-focus
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A firm dollar and reduced expected Fed easing raise the cost of dollar-priced commodities for importers, a bearish pressure on feed ingredient prices in weaker-currency markets.

## Read by commodity

- DXY: bullish ▲
- USDJPY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-05-22 | [Dollar gains against yen as Fed policy and debt ceiling in focus - Reuters](https://feedsoft.ai/events/36140-dollar-gains-against-yen-as-fed-policy-and-debt-ceiling-in-focus-reuters.md) | +0.7% | -0.7% |
| DXY | 2025-11-18 | [Dollar clings to gains vs. yen with Japan fiscal policy, US data in focus \| Reuters](https://feedsoft.ai/events/22189-dollar-clings-to-gains-vs-yen-with-japan-fiscal-policy-us-data-in-focus-reuters.md) | +0.7% | -1.0% |
| DXY | 2016-11-10 | [Dollar gains against yuan on Trump policy worries](https://feedsoft.ai/events/7739-dollar-gains-against-yuan-on-trump-policy-worries.md) | +1.9% | +2.3% |
| DXY | 2026-09-30 | [Dollar slips against dong - VnExpress International](https://feedsoft.ai/events/17756-dollar-slips-against-dong-vnexpress-international.md) | -0.1% | +0.7% |
| DXY | 2025-05-29 | [Ringgit slips against US Dollar as fed seen delaying rate cuts](https://feedsoft.ai/events/24947-ringgit-slips-against-us-dollar-as-fed-seen-delaying-rate-cuts.md) | -0.8% | -1.9% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/dollar-reigns-with-support-higher-yields-2024-12-30/

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