# Yen slows down U. S. dollar rally – Noor Trends

> The Japanese yen gained on Thursday, with USD/JPY trading at 111.48, down 0.41% on the day. The yen had previously posted six straight losing sessions and fell about 2%. USD/JPY had traded above 112 on Wednesday for the first time since February.

- Date: 2021-09-30 · published 2021-09-30T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/45306-yen-slows-down-u-s-dollar-rally-noor-trends
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A firmer yen slows dollar strength, which can ease pressure on dollar-priced commodities. Currency moves of this size have limited direct effect on feed grain prices.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- noortrends.ae: https://noortrends.ae/en/yen-slows-down-u-s-dollar-rally/10/01/market-updates/

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