# Japanese yen underperformance set to continue – MUFG — Octa

> MUFG economists expect the Japanese yen to keep underperforming the G10 currencies, especially non-dollar peers. They cite a likely extension of Japan's COVID-19 emergency through June 20, a BoJ pandemic relief program that will probably continue past September, and expected cross-border outflows from Japan.

- Date: 2021-05-28 · published 2021-05-28T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/47352-japanese-yen-underperformance-set-to-continue-mufg-octa
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A weaker yen raises the yen cost of imported feed ingredients and tends to support dollar-denominated commodity prices in yen terms. The outlook is a currency view rather than a supply shift, so the effect on feed prices is modest.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- octabroker.com: https://www.octabroker.com/markets/news/view/903533/

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