# JPY/USD Yen Weakens Through 150 Per Dollar, Raising Intervention Risk

> The yen weakened past 150 per dollar for the first time since November, prompting the strongest pushback from Japanese officials in months. Hotter-than-expected U.S. inflation reduced bets on an early Fed rate cut and kept the dollar supported.

- Date: 2024-03-01 · published 2024-03-01T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/31916-jpy-usd-yen-weakens-through-150-per-dollar-raising-intervention-risk
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Persistent dollar strength supports the greenback's pull on commodity prices and raises the cost of U.S. exports for buyers in yen-based markets. The move is a macro factor rather than a direct feed supply event.

## Read by commodity

- DXY: bullish ▲
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-06-30 | [Yen weakens to ¥145 per dollar, nears 2022 intervention level - The Japan Times](https://feedsoft.ai/events/35733-yen-weakens-to-145-per-dollar-nears-2022-intervention-level-the-japan-times.md) | -0.4% | -1.5% |
| DXY | 2022-09-23 | [Yen propped up after intervention, dollar powers through - Markets - Business Recorder](https://feedsoft.ai/events/39812-yen-propped-up-after-intervention-dollar-powers-through-markets-business.md) | +1.1% | +1.2% |
| DXY | 2023-09-29 | [Yen intervention a hard sell even as 150 to the dollar 'red line' beckons \| Reuters](https://feedsoft.ai/events/34347-yen-intervention-a-hard-sell-even-as-150-to-the-dollar-red-line-beckons-reuters.md) | +1.1% | +0.9% |
| DXY | 2024-02-13 | [US dollar rises to three-month high after inflation data, surges past 150 yen](https://feedsoft.ai/events/31870-us-dollar-rises-to-three-month-high-after-inflation-data-surges-past-150-yen.md) | +0.1% | -0.6% |
| DXY | 2026-07-31 | [USD/JPY Intervention Is Back, but the Yen Still Has a Rate Problem \| Investing.com](https://feedsoft.ai/events/18584-usd-jpy-intervention-is-back-but-the-yen-still-has-a-rate-problem-investing-com.md) | -0.1% | -1.1% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2024-02-13/yen-weakens-through-150-per-dollar-raising-intervention-risk

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