# On topic: Why is the Japanese yen so weak? - Nikkei Asia

> The yen kept sliding against the dollar after the Bank of Japan ended its negative rate policy on March 19. Analysts point to Chinese yuan guidance, US protectionism and a strong dollar as factors behind the weakness.

- Date: 2024-03-31 · published 2024-03-31T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/31449-on-topic-why-is-the-japanese-yen-so-weak-nikkei-asia
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A strong dollar and weak yen raise the dollar cost of Japanese-linked purchases and keep pressure on intervention, which could move the currency sharply.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- asia.nikkei.com: https://asia.nikkei.com/business/markets/on-topic-why-is-the-japanese-yen-so-weak

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