# SoftBank risks triggering yen rally with T-Mobile share sale - Nikkei Asia

> SoftBank Group plans a 4.5 trillion yen ($41.9 billion) asset sale, including its T-Mobile shares, raising fears of renewed yen volatility. The sale would unwind part of Japan's large US investment position.

- Date: 2020-06-17 · published 2020-06-17T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/52849-softbank-risks-triggering-yen-rally-with-t-mobile-share-sale-nikkei-asia
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A large repatriation of Japanese capital could strengthen the yen and weaken the dollar. Feed buyers would see only an indirect effect through currency-driven import costs.

## Read by commodity

- DXY: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-07-27 | [Fed's asset drawdown plan marks final break with easing - Nikkei Asia](https://feedsoft.ai/events/70153-fed-s-asset-drawdown-plan-marks-final-break-with-easing-nikkei-asia.md) | -0.6% | -0.5% |
| DXY | 2023-12-13 | [Yen rallies after Federal Reserve signals rate cuts in 2024 - Nikkei Asia](https://feedsoft.ai/events/8716-yen-rallies-after-federal-reserve-signals-rate-cuts-in-2024-nikkei-asia.md) | -1.0% | -0.7% |
| DXY | 2025-04-03 | [Yen hits 6-month high on U.S. economic slowdown fears - Nikkei Asia](https://feedsoft.ai/events/25375-yen-hits-6-month-high-on-u-s-economic-slowdown-fears-nikkei-asia.md) | +0.2% | -3.0% |
| DXY | 2020-05-29 | [What’s driving the Euro's sharp rally?](https://feedsoft.ai/events/53355-what-s-driving-the-euro-s-sharp-rally.md) | -1.4% | -0.6% |
| DXY | 2020-08-28 | [Fed: We really, really, really aren’t going to raise rates soon… \| articles \| ING THINK](https://feedsoft.ai/events/51790-fed-we-really-really-really-aren-t-going-to-raise-rates-soon-articles-ing-think.md) | -0.5% | +1.0% |

## Sources

- asia.nikkei.com: https://asia.nikkei.com/business/markets/currencies/softbank-risks-triggering-yen-rally-with-t-mobile-share-sale

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