# Dollar gains against yen as Fed policy and debt ceiling in focus - Reuters

> The dollar rose against the yen on May 22, holding just below a six-month high. Investors were watching for signals on whether the Fed would keep hiking and for progress on a debt ceiling deal.

- Date: 2023-05-22 · published 2023-05-22T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/36140-dollar-gains-against-yen-as-fed-policy-and-debt-ceiling-in-focus-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Currency moves like this tie into commodity pricing through the dollar index, and a firmer dollar tends to weigh on dollar-denominated export prices. The impact on feed markets is indirect and modest.

## Read by commodity

- DXY: bullish ▲
- USDCNY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-11-18 | [Dollar clings to gains vs. yen with Japan fiscal policy, US data in focus \| Reuters](https://feedsoft.ai/events/22189-dollar-clings-to-gains-vs-yen-with-japan-fiscal-policy-us-data-in-focus-reuters.md) | +0.7% | -1.0% |
| DXY | 2024-12-30 | [Dollar gains broadly, slips against yen with interest-rate policy in focus](https://feedsoft.ai/events/27132-dollar-gains-broadly-slips-against-yen-with-interest-rate-policy-in-focus.md) | +0.1% | -0.1% |
| DXY | 2021-09-30 | [Dollar near one-year high as Fed tightening in focus \| Reuters](https://feedsoft.ai/events/45253-dollar-near-one-year-high-as-fed-tightening-in-focus-reuters.md) | +0.0% | -1.1% |
| DXY | 2022-11-14 | [Dollar Rises Against Euro and Yen Following Fed Commentary](https://feedsoft.ai/events/38896-dollar-rises-against-euro-and-yen-following-fed-commentary.md) | -0.7% | -1.6% |
| DXY | 2023-07-31 | [Dollar gains after Fed loan survey, yen slips By Reuters](https://feedsoft.ai/events/35219-dollar-gains-after-fed-loan-survey-yen-slips-by-reuters.md) | +0.9% | +2.3% |
| USDCNY | 2023-08-18 | [Dollar set for fifth straight week of gains as China stays top of mind \| Reuters](https://feedsoft.ai/events/34806-dollar-set-for-fifth-straight-week-of-gains-as-china-stays-top-of-mind-reuters.md) | -0.2% | -0.2% |
| USDCNY | 2026-08-27 | [China keeps yuan in check as PBOC resists sharp rise against weaker US dollar: analysts \| South China Morning Post](https://feedsoft.ai/events/18094-china-keeps-yuan-in-check-as-pboc-resists-sharp-rise-against-weaker-us-dollar.md) | -0.1% | -0.1% |
| USDCNY | 2025-06-18 | [Yuan holds steady against dollar as regulators vow stability](https://feedsoft.ai/events/24431-yuan-holds-steady-against-dollar-as-regulators-vow-stability.md) | -0.1% | -0.0% |

## Sources

- globalbankingandfinance.com: https://www.globalbankingandfinance.com/dollar-gains-against-yen-as-fed-policy-debt-ceiling-in-focus/

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