# Intervention seen powerless to stop yen’s climb past 100 per dollar｜Arab News Japan

> Strategists at J.P. Morgan, Citigroup and MUFG expect the yen to strengthen past 100 per dollar within months, and say policymakers have little ability to stop it. Japan's currency touched 102.88 per dollar this month, down from near 110 in June, as the dollar weakened broadly.

- Date: 2020-12-22 · published 2020-12-22T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/49882-intervention-seen-powerless-to-stop-yen-s-climb-past-100-per-dollar-arab-news
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A stronger yen squeezes export-reliant Japanese firms and is a currency-level driver rather than a direct feed price driver; for feed buyers it is a minor macro input to Japanese import demand and dollar-denominated commodity pricing.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- backup.arabnews.jp: https://backup.arabnews.jp/en/business/article_34453/

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