# USD/JPY resumes decline from four-month high

> USD/JPY fell slightly to 104.58 in Asian trade, retreating from four-month highs near October 2020 levels. Markets awaited US jobless claims and the outcome of White House and Congress talks on a $1.9 trillion Covid relief plan.

- Date: 2021-02-11 · published 2021-02-11T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/48878-usd-jpy-resumes-decline-from-four-month-high
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Yen moves tied to US fiscal stimulus expectations are macro-driven and have no direct supply or demand impact on feed grains or meal.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- economies.com: https://www.economies.com/forex/usd-jpy-news/usd-jpy-resumes-decline-from-four-month-high-37755

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