# USD/JPY Jumps to Monthly High, US Dollar Eyes PCE Inflation Due | Forex trading, free forex education | Forex.ca

> USD/JPY rose about 70 pips to a fresh monthly high as Treasury yields climbed ahead of PCE inflation data. The dollar index was little changed, with yen weakness broadly offsetting dollar weakness against sterling. MSCI's removal of 29 Japanese listings also weighed on the yen.

- Date: 2021-05-28 · published 2021-05-28T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/47356-usd-jpy-jumps-to-monthly-high-us-dollar-eyes-pce-inflation-due-forex-trading
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Higher US yields that lift the dollar against the yen can pressure dollar-priced commodities and make US exports more expensive. The index itself was flat, so the broader commodity impact is limited.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- forex.ca: https://www.forex.ca/usd-jpy-jumps-to-monthly-high-us-dollar-eyes-pce-inflation-due/

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