# USD/JPY continues to fall toward 156.00 as traders expect BoJ to raise rates in January

> The dollar rose to 108.06 on the broad index, near a two-year high, as yen weakness persisted. Markets were pricing a Bank of Japan rate increase in January, and Treasury yields had fallen about 2% on the Monday.

- Date: 2024-12-31 · published 2024-12-31T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/27183-usd-jpy-continues-to-fall-toward-156-00-as-traders-expect-boj-to-raise-rates-in
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Expectations of BOJ tightening pulled USD/JPY toward 156 while the dollar index held firm, a combination that marginally weighs on dollar-priced commodities. Feed buyers should see little direct impact.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- fxstreet.com: https://www.fxstreet.com/news/usd-jpy-continues-to-fall-toward-15600-as-traders-expect-boj-to-raise-rates-in-january-202412310742

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