# U.S. dollar rockets to 20-year peak vs yen on Fed, BOJ policy difference

> The US dollar rose to a 20-year high against the yen, driven by the widening policy gap between the Federal Reserve and the Bank of Japan. The article carries only partial text with reporting credits and sharing links.

- Date: 2022-04-19 · published 2022-04-19T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/42035-u-s-dollar-rockets-to-20-year-peak-vs-yen-on-fed-boj-policy-difference
- 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 Japan's cost of imported feed grains and meal, while a firm dollar generally supports pressure on dollar-priced commodities.

## Read by commodity

- DXY: bullish ▲
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-12-04 | [Dollar climbs to 3-week peak vs yen on US tax reform prospects](https://feedsoft.ai/events/67695-dollar-climbs-to-3-week-peak-vs-yen-on-us-tax-reform-prospects.md) | +1.0% | -0.5% |
| DXY | 2022-01-28 | [Sterling hits year low vs dollar on Fed rate hike fears and UK political risks](https://feedsoft.ai/events/43376-sterling-hits-year-low-vs-dollar-on-fed-rate-hike-fears-and-uk-political-risks.md) | -0.9% | -0.6% |
| DXY | 2021-12-30 | [Dollar on track for best year since 2015](https://feedsoft.ai/events/43836-dollar-on-track-for-best-year-since-2015.md) | +0.0% | +0.6% |
| DXY | 2022-05-09 | [U.S. dollar touches 20-year high as markets shun risk](https://feedsoft.ai/events/41620-u-s-dollar-touches-20-year-high-as-markets-shun-risk.md) | +0.8% | -1.3% |
| DXY | 2021-03-31 | [U.S. dollar crowns best quarter since June 2018 with one-year high vs. yen](https://feedsoft.ai/events/48351-u-s-dollar-crowns-best-quarter-since-june-2018-with-one-year-high-vs-yen.md) | -0.9% | -2.0% |

## Sources

- reuters.com: https://www.reuters.com/business/nothing-stops-yen-slide-falls-fresh-20-year-low-2022-04-19/

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