# Japan widens FX watch to include risk of yen spike as U.S. recession fears mount

> Japan's Ministry of Finance widened its foreign exchange monitoring to include the risk of a sharp yen spike. The shift reflects market fears that aggressive Fed tightening could trigger a US recession and force the central bank to slow rate increases. The article concerns currency policy rather than commodities.

- Date: 2022-07-01 · published 2022-07-01T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/40732-japan-widens-fx-watch-to-include-risk-of-yen-spike-as-u-s-recession-fears-mount
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A sudden yen move would affect dollar-based commodity pricing and Japanese import costs for feed ingredients. The impact on feed prices is limited unless intervention materially shifts the dollar.

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/japan-widens-fx-watch-include-risk-yen-spike-us-recession-fears-mount-2022-07-01/

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