# Dollar slips vs yen after Japan inflation data, US durable goods

> The dollar eased against the Japanese yen on February 27 after Japan's core consumer inflation beat forecasts. U.S. durable goods orders for January fell more than expected, and the dollar index was roughly flat near 103.9.

- Date: 2024-02-27 · published 2024-02-27T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/31907-dollar-slips-vs-yen-after-japan-inflation-data-us-durable-goods
- 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 tends to pressure U.S. grain and oilseed prices by making exports pricier for foreign buyers. This session's move was small, so the effect on feed prices is limited.

## Read by commodity

- DXY: neutral
- USDJPY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-06-25 | [Dollar steady after U.S. inflation data misses estimates](https://feedsoft.ai/events/46773-dollar-steady-after-u-s-inflation-data-misses-estimates.md) | +0.4% | +1.0% |
| DXY | 2026-09-30 | [FOREX-US dollar flat against peers after softer-than-expected inflation data \| International](https://feedsoft.ai/events/17640-forex-us-dollar-flat-against-peers-after-softer-than-expected-inflation-data.md) | -0.1% | +0.7% |
| DXY | 2023-11-13 | [Dollar slips after hitting one-year high against yen](https://feedsoft.ai/events/33396-dollar-slips-after-hitting-one-year-high-against-yen.md) | -1.0% | -1.0% |
| DXY | 2017-05-01 | [FOREX-Dollar edges down, European inflation data lift euro](https://feedsoft.ai/events/71229-forex-dollar-edges-down-european-inflation-data-lift-euro.md) | -0.0% | -1.1% |
| DXY | 2022-08-26 | [fed: Dollar volatile after Fed's Powell comments on inflation - The Economic Times](https://feedsoft.ai/events/39943-fed-dollar-volatile-after-fed-s-powell-comments-on-inflation-the-economic-times.md) | +1.1% | +3.4% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/dollar-droops-key-us-data-looms-yen-firms-cpi-beat-2024-02-27/

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