# Dollar hits one-month high to yen as US yields rise - Markets - Business Recorder

> The dollar touched a one-month high against the yen as Treasury yields climbed to multi-year peaks ahead of US inflation data. Markets priced a high chance of a 25 basis point Fed hike in March. The euro also retreated from a three-month high against the yen after the ECB signaled less aggressive rate hikes.

- Date: 2022-02-09 · published 2022-02-09T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/42936-dollar-hits-one-month-high-to-yen-as-us-yields-rise-markets-business-recorder
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Higher US yields and a firmer dollar tend to weigh on dollar-priced commodities and make US exports pricier for importers. The move reflects expected Fed tightening rather than a direct supply change.

## Sources

- brecorder.com: https://www.brecorder.com/news/40153121

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