# JPY/USD: Weakening Japan's Yen Trend May Be History as CPI Print Slams Dollar - Bloomberg

> Dollar-yen fell about 4% from its Wednesday close toward support levels just above 140 after US inflation data. A break below those levels could open the way for further yen gains. The yen remains the worst-performing Group-of-10 currency this year.

- Date: 2022-11-10 · published 2022-11-10T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/38937-jpy-usd-weakening-japan-s-yen-trend-may-be-history-as-cpi-print-slams-dollar
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A stronger yen reduces pressure on Japan to intervene and makes dollar-priced imports cheaper in yen terms. The move reflects shifting expectations for Fed tightening rather than a change in commodity supply.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-11-10/weakening-yen-trend-may-be-history-as-cpi-print-slams-dollar

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