# FXNEWS24 |Japanese Yen Slips as US Dollar Recovers Along with Risk Assets. Where to for USD/JPY? | UK Forex Reviews

> The yen slid against the dollar on March 30, 2023, as the dollar recovered along with risk assets at month-end and Japan's fiscal year-end. Fed Chair Powell indicated one more rate hike this year, and markets priced roughly a 50% chance of a 25 basis point hike at the next meeting.

- Date: 2023-03-30 · published 2023-03-30T12:00:00.000Z
- Category: market · region Japan · magnitude low
- Page: https://feedsoft.ai/events/37116-fxnews24-japanese-yen-slips-as-us-dollar-recovers-along-with-risk-assets-where
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A firmer dollar against the yen makes dollar-priced feed imports costlier for Japanese buyers, though the move is currency-driven rather than a change in feed supply.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- fxnews24.co.uk: https://fxnews24.co.uk/forex/japanese-yen-slips-as-us-dollar-recovers-along-with-risk-assets-where-to-for-usd-jpy/

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