# Yen JPY USD Falls to 24-Year Low as US-Japan Policy Gap Weighs - Bloomberg

> The yen fell to its weakest level since 1998, dropping as much as 0.5% to 139.68 per dollar, close to the 140 psychological level. Japanese government officials issued warnings, and the widening US-Japan yield gap added pressure on the currency.

- Date: 2022-08-31 · published 2022-08-31T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/40265-yen-jpy-usd-falls-to-24-year-low-as-us-japan-policy-gap-weighs-bloomberg
- 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 weaker yen raises the cost of dollar-priced feed imports for Japan and other yen-linked buyers, and a possible intervention near 140 could cause sharp currency swings.

## Read by commodity

- DXY: bullish ▲
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2016-11-16 | [China’s Yuan Tumbles to Eight-Year Low as Banks Weaken Forecasts - Bloomberg](https://feedsoft.ai/events/7741-china-s-yuan-tumbles-to-eight-year-low-as-banks-weaken-forecasts-bloomberg.md) | +0.6% | -0.0% |
| DXY | 2025-02-11 | [VND/USD: Vietnam Dong Falls to Record Low Against US Dollar - Bloomberg](https://feedsoft.ai/events/26383-vnd-usd-vietnam-dong-falls-to-record-low-against-us-dollar-bloomberg.md) | -1.0% | -2.0% |
| DXY | 2024-04-12 | [Euro (EUR USD) Falls to Five-Month Low as ECB-Fed Divergence Looms Large - Bloomberg](https://feedsoft.ai/events/9969-euro-eur-usd-falls-to-five-month-low-as-ecb-fed-divergence-looms-large-bloomberg.md) | +1.1% | +0.5% |
| DXY | 2022-04-28 | [JPY/USD: Yen’s Historic Fall Signals Rewrite of Global Currency Playbook - Bloomberg](https://feedsoft.ai/events/42069-jpy-usd-yen-s-historic-fall-signals-rewrite-of-global-currency-playbook.md) | +0.1% | -0.4% |
| 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% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-08-31/yen-falls-to-fresh-24-year-low-as-us-japan-policy-gap-weighs-l7ia4yu1

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