# JPY/USD: Yen’s Historic Fall Signals Rewrite of Global Currency Playbook - Bloomberg

> The yen has fallen to historic lows against the dollar, and analysts expect it to stay significantly weaker for years. The move has unsettled global money flows and exposed tension between the Bank of Japan's inflation-stoking stance and government pressure.

- Date: 2022-04-28 · published 2022-04-28T12:00:00.000Z
- Category: macro · region Japan · magnitude medium
- Page: https://feedsoft.ai/events/42069-jpy-usd-yen-s-historic-fall-signals-rewrite-of-global-currency-playbook
- 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 much weaker yen raises Japan's import costs for feed and energy while a strong dollar makes US-priced grains and meal more expensive for importers using other currencies, a headwind for feed buyers outside the US.

## Read by commodity

- DXY: bullish ▲
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-01-19 | [Stocks, currencies fall after Fed's Yellen signals rate hikes](https://feedsoft.ai/events/11875-stocks-currencies-fall-after-fed-s-yellen-signals-rate-hikes.md) | -0.4% | -1.5% |
| DXY | 2025-07-31 | [USD/JPY: Yen falls post BoJ and Fed meetings - Currency Live](https://feedsoft.ai/events/24005-usd-jpy-yen-falls-post-boj-and-fed-meetings-currency-live.md) | -0.7% | -0.6% |
| DXY | 2022-08-31 | [Yen JPY USD Falls to 24-Year Low as US-Japan Policy Gap Weighs - Bloomberg](https://feedsoft.ai/events/40265-yen-jpy-usd-falls-to-24-year-low-as-us-japan-policy-gap-weighs-bloomberg.md) | +0.9% | +3.6% |
| DXY | 2022-09-22 | [USD Forex Market: Every Nation for Itself as Dollar Wrecks Global Currencies - Bloomberg](https://feedsoft.ai/events/10322-usd-forex-market-every-nation-for-itself-as-dollar-wrecks-global-currencies.md) | +1.9% | +1.8% |
| DXY | 2023-06-23 | [Risk appetite falls on accumulating evidence of global economic slowdown – Corpay Currency Research](https://feedsoft.ai/events/35724-risk-appetite-falls-on-accumulating-evidence-of-global-economic-slowdown-corpay.md) | +0.6% | -0.7% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-04-28/yen-s-historic-fall-signals-rewrite-of-global-currency-playbook

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