# Japanese traders gird for Fed to anchor yields, clip dollar’s wings | 1330 & 101.5 WHBL

> Japanese traders are positioning for the possibility that the Federal Reserve will anchor Treasury yields through yield-curve control. The yen rose 1.8% from lows of 109.85 as Japanese investors sold dollars ahead of the Fed meeting.

- Date: 2020-06-09 · published 2020-06-09T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/52850-japanese-traders-gird-for-fed-to-anchor-yields-clip-dollar-s-wings-1330-and-101
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of Fed yield targeting weaken the dollar, which can support dollar-denominated commodity prices. The effect on feed markets is indirect.

## Read by commodity

- DXY: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-06-16 | [Fed debt buying drives demand for risk at the dollar’s expense \| 1330 & 101.5 WHBL](https://feedsoft.ai/events/52805-fed-debt-buying-drives-demand-for-risk-at-the-dollar-s-expense-1330-and-101-5.md) | -0.2% | -0.5% |
| DXY | 2022-12-07 | [Gold jumps 1% as U.S. dollar, yields slip on Fed slowdown bets](https://feedsoft.ai/events/38161-gold-jumps-1-as-u-s-dollar-yields-slip-on-fed-slowdown-bets.md) | -1.0% | -0.7% |
| DXY | 2024-07-24 | [Dollar falls, short yen trades squared ahead of BOJ and Fed meetings \| Reuters](https://feedsoft.ai/events/29461-dollar-falls-short-yen-trades-squared-ahead-of-boj-and-fed-meetings-reuters.md) | +0.7% | -1.3% |
| DXY | 2021-11-18 | [Wall Street forecasts for the U.S. dollar and 10-year Treasury yield in 2022](https://feedsoft.ai/events/43956-wall-street-forecasts-for-the-u-s-dollar-and-10-year-treasury-yield-in-2022.md) | +1.1% | +0.6% |
| DXY | 2023-11-26 | [Gold, AUD/USD: Softer US dollar and bond yields provide window for upside \| FOREX.com Singapore](https://feedsoft.ai/events/33412-gold-aud-usd-softer-us-dollar-and-bond-yields-provide-window-for-upside-forex.md) | -0.2% | -1.0% |

## Sources

- whbl.com: https://whbl.com/2020/06/09/japanese-traders-gird-for-fed-to-anchor-yields-clip-dollars-wings/

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