# Yen’s Recent Rebound Has Limits With Month-End Reversal Expected

> The yen is under pressure again as August ends and has weakened against major peers in the final days of every month since February. Brief respites have not reversed the trend.

- Date: 2023-09-01 · published 2023-09-01T12:00:00.000Z
- Category: market · region Japan · magnitude low
- Page: https://feedsoft.ai/events/34824-yen-s-recent-rebound-has-limits-with-month-end-reversal-expected
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A persistently weak yen raises Japan's import costs for feed ingredients priced in dollars, which keeps Japanese buyers cautious on purchases.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2023-08-30/yen-rebound-has-limits-as-month-end-flows-work-against-gains

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