# Japan's yen doubles up as high yielder and safe haven | Reuters

> Reuters reports the Japanese yen has strengthened as both a high-yielding currency and a safe haven. The page text provided contains only the headline and navigation boilerplate, so details are limited.

- Date: 2020-11-17 · published 2020-11-17T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/50379-japan-s-yen-doubles-up-as-high-yielder-and-safe-haven-reuters
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A firmer yen lifts Japan's import purchasing power in USD terms, while a stronger dollar-yen move shifts currency-driven competitiveness for exporters of feed-related goods. The direct effect on feed commodity prices is minor.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/economy/japans-yen-doubles-up-as-high-yielder-and-safe-haven-idUSKBN27X0MH/

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