# Yen jumps vs dollar after BOJ rate check, hints on intervention, U.S. PPI data

> The yen rose more than 1% against the dollar after the Bank of Japan conducted a rate check to prepare for possible intervention. Finance Minister Suzuki said yen moves had been rapid and one-sided and that buying yen was an option.

- Date: 2022-09-14 · published 2022-09-14T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/39813-yen-jumps-vs-dollar-after-boj-rate-check-hints-on-intervention-u-s-ppi-data
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Signals of intervention can strengthen the yen and ease dollar pressure on Japanese feed import costs. Any intervention is a currency measure with limited direct effect on feed supply.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- cnbc.com: https://www.cnbc.com/2022/09/14/forex-markets-dollar-yen-us-inflation-cpi.html

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