# Asia-Pacific markets live updates: Fed rate cuts, BOJ rate decision

> Asia-Pacific stocks and currencies fell after the Federal Reserve delivered a rate cut but signaled fewer cuts ahead, sparking a regional sell-off. The Japanese yen hit a one-month low and the Korean won neared its weakest level since 2009.

- Date: 2024-12-18 · published 2024-12-18T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/27170-asia-pacific-markets-live-updates-fed-rate-cuts-boj-rate-decision
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A stronger dollar and weaker Asian currencies raise import costs for Asian feed buyers and can soften commodity demand, a routine market reaction in this case.

## Read by commodity

- DXY: bullish ▲
- USDJPY: bullish ▲
- USDKRW: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-10-28 | [Yen falls on dovish BOJ as market awaits Fed decision](https://feedsoft.ai/events/39369-yen-falls-on-dovish-boj-as-market-awaits-fed-decision.md) | +1.2% | -2.4% |
| DXY | 2024-07-31 | [Market Awaits Fed Interest Rate Decision, Rupiah Potential to Weaken](https://feedsoft.ai/events/29613-market-awaits-fed-interest-rate-decision-rupiah-potential-to-weaken.md) | -0.5% | -1.9% |
| DXY | 2019-07-31 | [The Fed rate cut: Markets reconsider the 'Fed Put' after underwhelming cut](https://feedsoft.ai/events/58267-the-fed-rate-cut-markets-reconsider-the-fed-put-after-underwhelming-cut.md) | +0.9% | +1.8% |
| DXY | 2021-07-28 | [United States Fed Interest Rate Decision meets forecasts (0.25%) — Octa](https://feedsoft.ai/events/46250-united-states-fed-interest-rate-decision-meets-forecasts-0-25-octa.md) | -0.4% | +0.4% |
| DXY | 2026-07-30 | [British Pound declines as Fed hawkish rate holds boost US Dollar, BoE rate decision looms](https://feedsoft.ai/events/18612-british-pound-declines-as-fed-hawkish-rate-holds-boost-us-dollar-boe-rate.md) | -1.2% | -1.9% |

## Sources

- cnbc.com: https://www.cnbc.com/2024/12/19/asia-markets.html

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