# Yen Extends Gains as BOJ Signals a More Hawkish Policy Phase | Makkler Labs

> The yen gained for a third straight day, rising 0.11% to 157.51 per US dollar, after the Bank of Japan held its main rate at 1.25%. The BOJ raised its inflation outlook and said policy had entered a more hawkish phase, leaving room for rate increases every few months. Lower US Treasury yields and a tech stock sell-off also weighed on the dollar.

- Date: 2026-11-01 · published 2026-11-01T18:27:36.830Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/33790-yen-extends-gains-as-boj-signals-a-more-hawkish-policy-phase-makkler-labs
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A firmer yen and softer dollar slightly ease the cost of dollar-priced feed imports for Japan and can modestly support dollar-denominated commodity prices. The effect on feed markets is indirect and small.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- makkler.com: https://makkler.com/labs/news/yen-extends-gains-as-boj-signals-a-more-hawkish-policy-phase-zhnthi

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