# USD/JPY: Bulls in control again, correction recent pressures — Octa

> The dollar index traded near 98 and the yen moved within a tight range as US-China tensions weighed on sentiment. The article describes the dollar as losing steam and sets out conflicting forces for the greenback.

- Date: 2020-05-19 · published 2020-05-19T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/53375-usd-jpy-bulls-in-control-again-correction-recent-pressures-octa
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar supports US commodity export competitiveness, while escalating US-China tensions could reduce Chinese buying of US farm goods, leaving the net price effect for feed mixed.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-11-30 | [USD/JPY keeps recent gains around 104.50 as Powell, Mnuchin flash mixed signals — Octa](https://feedsoft.ai/events/50380-usd-jpy-keeps-recent-gains-around-104-50-as-powell-mnuchin-flash-mixed-signals.md) | -1.2% | -1.5% |
| DXY | 2021-06-30 | [USD/JPY remains directionless near 110.50 post mixed Japan data — Octa](https://feedsoft.ai/events/46840-usd-jpy-remains-directionless-near-110-50-post-mixed-japan-data-octa.md) | +0.8% | +0.8% |
| DXY | 2020-01-31 | [Can the Fed heavily pressure the USD? – Rabobank — Octa](https://feedsoft.ai/events/55001-can-the-fed-heavily-pressure-the-usd-rabobank-octa.md) | +0.3% | +1.6% |
| DXY | 2021-08-25 | [USD/IDR Price News: Rupiah bulls break $14,400 as Bank Indonesia Governor cites inflation risk — Octa](https://feedsoft.ai/events/45863-usd-idr-price-news-rupiah-bulls-break-14-400-as-bank-indonesia-governor-cites.md) | -0.5% | -0.1% |
| DXY | 2021-06-25 | [USD/JPY pauses gain near 111.00 posts mixed US data — Octa](https://feedsoft.ai/events/46843-usd-jpy-pauses-gain-near-111-00-posts-mixed-us-data-octa.md) | +0.4% | +1.0% |

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/822186/

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