# Yen weakens to ¥145 per dollar, nears 2022 intervention level - The Japan Times

> The yen fell through 145 per dollar for the first time since November, approaching the level where Japan intervened in 2022. Officials said they were watching currency moves and were ready to act. Analysts cited widening interest rate gaps between Japan and the US Federal Reserve as the main pressure.

- Date: 2023-06-30 · published 2023-06-30T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/35733-yen-weakens-to-145-per-dollar-nears-2022-intervention-level-the-japan-times
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A yen near intervention levels signals possible official action that could reverse the currency trend and change Japan's import costs for feed. The widening rate gap with the US also keeps the dollar supported against many currencies.

## Read by commodity

- DXY: bullish ▲
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-03-01 | [JPY/USD Yen Weakens Through 150 Per Dollar, Raising Intervention Risk](https://feedsoft.ai/events/31916-jpy-usd-yen-weakens-through-150-per-dollar-raising-intervention-risk.md) | -0.8% | -0.1% |
| 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 | 2023-09-26 | [Yen weakens past 149 to dollar, nearing 1-year low - Nikkei Asia](https://feedsoft.ai/events/34349-yen-weakens-past-149-to-dollar-nearing-1-year-low-nikkei-asia.md) | +0.8% | +1.3% |
| DXY | 2026-03-27 | [Japanese yen hits 160 per dollar, weakest since July 2024](https://feedsoft.ai/events/20402-japanese-yen-hits-160-per-dollar-weakest-since-july-2024.md) | +0.1% | -1.4% |
| DXY | 2018-06-21 | [Korean won continues to weaken against dollar - The Korea Times](https://feedsoft.ai/events/64742-korean-won-continues-to-weaken-against-dollar-the-korea-times.md) | +0.4% | +0.4% |

## Sources

- japantimes.co.jp: https://www.japantimes.co.jp/news/2023/06/30/business/yen-weakens-near-2022-level/

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