# Explaining JPY's Resilience Amidst Fed's Taper Talks - ActionForex

> The Japanese yen has held steady over recent weeks despite volatility in other major currencies and heightened Fed tapering talk. Analysts attribute this to its role as a funding currency in carry trades, high net short speculative positioning, and an already-weak economic outlook priced in.

- Date: 2021-08-27 · published 2021-08-27T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/45774-explaining-jpy-s-resilience-amidst-fed-s-taper-talks-actionforex
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

For feed buyers, yen strength or weakness changes the cost of Japanese import demand for US feed and affects dollar-denominated commodity pricing only marginally.

## Read by commodity

- USDJPY: neutral

## Sources

- actionforex.com: https://www.actionforex.com/action-insight/special-topics/400108-explaining-jpys-resilience-amidst-feds-taper-talks/

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