# Yen in tight range before BOJ decision, markets await Fed and ECB | 1330 & 101.5 WHBL

> The yen traded in a tight range near 107.41 per dollar ahead of a Bank of Japan meeting that may consider scrapping limits on bond purchases and easing funding for coronavirus-hit companies. Traders also awaited Fed and ECB meetings, with the ECB possibly extending debt purchases to junk bonds.

- Date: 2020-04-27 · published 2020-04-27T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/53859-yen-in-tight-range-before-boj-decision-markets-await-fed-and-ecb-1330-and-101-5
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Central bank easing across major economies weighs on currencies and can support commodity prices, but the yen move itself has little direct effect on feed ingredient prices.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-12-13 | [What bond and currency traders are looking for from Yellen’s Fed decision - MarketWatch](https://feedsoft.ai/events/67656-what-bond-and-currency-traders-are-looking-for-from-yellen-s-fed-decision.md) | -0.4% | -1.8% |
| DXY | 2026-08-18 | [Dollar Range-Bound as Markets Await Dovish Fed Response \| Finance News](https://feedsoft.ai/events/17810-dollar-range-bound-as-markets-await-dovish-fed-response-finance-news.md) | -0.4% | +0.1% |
| DXY | 2021-09-09 | [Euro inches higher ahead of ECB decision on bond buying - Markets - Business Recorder](https://feedsoft.ai/events/45271-euro-inches-higher-ahead-of-ecb-decision-on-bond-buying-markets-business.md) | -0.2% | +1.3% |
| DXY | 2019-09-18 | [Volatility jump betrays rand traders’ nerves before Fed decision - Moneyweb](https://feedsoft.ai/events/57364-volatility-jump-betrays-rand-traders-nerves-before-fed-decision-moneyweb.md) | +0.2% | -0.3% |
| DXY | 2024-04-29 | [Market trades with caution ahead of US Fed rate decision this week](https://feedsoft.ai/events/31036-market-trades-with-caution-ahead-of-us-fed-rate-decision-this-week.md) | -0.7% | -1.1% |

## Sources

- whbl.com: https://whbl.com/2020/04/26/yen-in-tight-range-before-boj-decision-markets-await-fed-and-ecb/

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