# USD/JPY remains directionless near 110.50 post mixed Japan data — Octa

> USD/JPY traded in a narrow range near 110.50-110.81 as the dollar firmed on Delta-variant COVID concerns in Asia-Pacific and upbeat US home price data. The yen was muted after mixed Japanese data, with retail sales beating forecasts but unemployment coming in above consensus.

- Date: 2021-06-30 · published 2021-06-30T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/46840-usd-jpy-remains-directionless-near-110-50-post-mixed-japan-data-octa
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

This is a routine currency wrap with no clear directional catalyst. A firmer dollar against the yen modestly lowers the cost of dollar-priced feed imports for Japan, but the direct effect on feed prices is limited.

## Read by commodity

- DXY: neutral
- USDJPY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-06-25 | [USD/JPY pauses gain near 111.00 posts mixed US data — Octa](https://feedsoft.ai/events/46843-usd-jpy-pauses-gain-near-111-00-posts-mixed-us-data-octa.md) | +0.4% | +1.0% |
| DXY | 2020-11-30 | [USD/JPY keeps recent gains around 104.50 as Powell, Mnuchin flash mixed signals — Octa](https://feedsoft.ai/events/50380-usd-jpy-keeps-recent-gains-around-104-50-as-powell-mnuchin-flash-mixed-signals.md) | -1.2% | -1.5% |
| DXY | 2020-05-19 | [USD/JPY: Bulls in control again, correction recent pressures — Octa](https://feedsoft.ai/events/53375-usd-jpy-bulls-in-control-again-correction-recent-pressures-octa.md) | -1.1% | -2.6% |
| DXY | 2023-01-31 | [GBP/USD plunged below 1.2300 post US data amidst a buoyant USD — Octa](https://feedsoft.ai/events/38022-gbp-usd-plunged-below-1-2300-post-us-data-amidst-a-buoyant-usd-octa.md) | +1.4% | +2.1% |
| DXY | 2024-07-26 | [EUR/USD appreciates to near 1.0850 ahead of US PCE inflation — Octa](https://feedsoft.ai/events/29489-eur-usd-appreciates-to-near-1-0850-ahead-of-us-pce-inflation-octa.md) | +0.3% | -0.9% |

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/909822/

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