# Yen rises after Japan ramps up intervention warning; US data weighs on dollar By Reuters

> The yen rose from a one-year low against the dollar on Wednesday after threats of intervention from Japanese authorities, and the dollar was on the defensive after US data showed a slowing economy. The Bank of Japan had earlier loosened its yield curve control cap, disappointing investors.

- Date: 2023-11-01 · published 2023-11-01T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/33398-yen-rises-after-japan-ramps-up-intervention-warning-us-data-weighs-on-dollar-by
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Yen strength and a softer dollar tied to slowing US growth can support dollar-priced commodities, though the effect on feed markets is indirect. Lower expected US growth also weighs on demand expectations.

## Read by commodity

- DXY: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-12-22 | [Japan's yen rises vs dollar on intervention hints; US dollar slumps \| Reuters](https://feedsoft.ai/events/21744-japan-s-yen-rises-vs-dollar-on-intervention-hints-us-dollar-slumps-reuters.md) | -0.5% | -0.7% |
| DXY | 2025-12-22 | [Japan's yen gains on intervention signals, softer US dollar](https://feedsoft.ai/events/21750-japan-s-yen-gains-on-intervention-signals-softer-us-dollar.md) | -0.5% | -0.7% |
| DXY | 2026-05-01 | [Dollar tumbles after Japanese intervention boosts yen](https://feedsoft.ai/events/19967-dollar-tumbles-after-japanese-intervention-boosts-yen.md) | -0.6% | +0.2% |
| DXY | 2026-02-01 | [Yen jumps in broad hit to dollar as Japan intervention risks grow](https://feedsoft.ai/events/21292-yen-jumps-in-broad-hit-to-dollar-as-japan-intervention-risks-grow.md) | +0.3% | +0.7% |
| DXY | 2026-07-31 | [Dollar slips against yen as intervention risks drag \| Reuters](https://feedsoft.ai/events/18579-dollar-slips-against-yen-as-intervention-risks-drag-reuters.md) | -0.1% | -1.1% |

## Sources

- investing.com: https://www.investing.com/news/economy/yen-languishes-as-focus-turns-to-fed-3216126

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