# USD/JPY Edges Up Despite Intervention Fears, DXY Higher

> USD/JPY edged up to 151.52 near four-month highs despite warnings from Japan's finance minister about possible measures against yen weakness. The Dollar Index rose to 104.00 ahead of the US PCE inflation release.

- Date: 2024-03-27 · published 2024-03-27T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/31426-usd-jpy-edges-up-despite-intervention-fears-dxy-higher
- 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 firmer dollar raises the local-currency cost of dollar-priced feed imports, and intervention risk in Japan could cause sharp yen moves that affect Japanese buyers.

## Read by commodity

- DXY: bullish ▲
- USDJPY: bullish ▲

## Sources

- liquidityfinder.com: https://liquidityfinder.com/news/usd-jpy-edges-up-despite-intervention-fears-dxy-higher-9afde

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