# Outlook for USD/JPY as yen takes advantage of USD weakness and sentiment change | IG International

> The US dollar underperformed in the second quarter as inflation concerns peaked and the yen weakened amid a Fed-BoJ policy divergence. Recent weak US data pushed Treasury yields lower, and the Fed signalled it could slow the pace of rate hikes. The article argues that markets are shifting toward growth concerns and yen safe-haven demand.

- Date: 2022-07-29 · published 2022-07-29T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/40734-outlook-for-usd-jpy-as-yen-takes-advantage-of-usd-weakness-and-sentiment-change
- 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 dollar and softer US yields can support dollar-priced grains and oilseeds for foreign buyers. The link to feed prices is indirect and sentiment-based.

## Read by commodity

- DXY: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-05-04 | [Outlook on gold as it hits record high, while USD and oil fall after Fed decision \| IG International](https://feedsoft.ai/events/35838-outlook-on-gold-as-it-hits-record-high-while-usd-and-oil-fall-after-fed.md) | -0.5% | +0.8% |
| DXY | 2026-01-23 | [Yen (JPY:USD) Jumps Most Since August as Risk of Intervention Ramps Up - Bloomberg](https://feedsoft.ai/events/21296-yen-jpy-usd-jumps-most-since-august-as-risk-of-intervention-ramps-up-bloomberg.md) | -1.5% | -1.0% |
| DXY | 2024-08-26 | [AUD/USD surges with dovish Fed and hawkish RBA stance on inflation \| IG International](https://feedsoft.ai/events/29061-aud-usd-surges-with-dovish-fed-and-hawkish-rba-stance-on-inflation-ig.md) | +0.7% | -0.0% |
| DXY | 2023-02-02 | [USD falls on Fed slowing inflation comments, gold and base metals boosted \| IG International](https://feedsoft.ai/events/37235-usd-falls-on-fed-slowing-inflation-comments-gold-and-base-metals-boosted-ig.md) | +1.3% | +2.1% |
| DXY | 2025-05-19 | [Dollar set for more weakness as 'Brand USA' falls further out of favor \| Reuters](https://feedsoft.ai/events/24861-dollar-set-for-more-weakness-as-brand-usa-falls-further-out-of-favor-reuters.md) | -1.4% | -2.4% |

## Sources

- ig.com: https://www.ig.com/en/news-and-trade-ideas/jpy-taking-advantage-of-usd-weakness-and-sentiment-change-220729

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