# Dollar, yen up as investors seek shelter amid pandemic crisis | The Business Standard

> The yen rose 0.5% to 107.41 per dollar on March 30 as investors sought safe havens during the coronavirus lockdowns. The dollar also gained against the pound, euro and Australian dollar. Analysts said dollar funding pressure was easing and attention was shifting to the economic damage.

- Date: 2020-03-30 · published 2020-03-30T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/54349-dollar-yen-up-as-investors-seek-shelter-amid-pandemic-crisis-the-business
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Safe-haven flows strengthen the dollar against major currencies, which can make US commodity exports more expensive for overseas buyers and weigh on dollar-denominated grain prices. The effect on feed markets is indirect and limited.

## Read by commodity

- DXY: bullish ▲
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-09-30 | [Rand weaker as investors seek shelter in dollar - Moneyweb](https://feedsoft.ai/events/57360-rand-weaker-as-investors-seek-shelter-in-dollar-moneyweb.md) | -0.2% | -1.4% |
| DXY | 2022-06-30 | [Euro under pressure as inflation fears send investors to dollar haven - Markets - Business Recorder](https://feedsoft.ai/events/41161-euro-under-pressure-as-inflation-fears-send-investors-to-dollar-haven-markets.md) | +1.5% | +1.0% |
| DXY | 2022-10-31 | [Dollar strengthens as US Fed expected to stay hawkish; yen fragile \| International News Others - Business Standard](https://feedsoft.ai/events/39323-dollar-strengthens-as-us-fed-expected-to-stay-hawkish-yen-fragile-international.md) | -0.1% | -2.8% |
| DXY | 2016-11-30 | [Seoul: Won down at 1-week low as US dollar jumps after Opec deal; stocks up - The Business Times](https://feedsoft.ai/events/74046-seoul-won-down-at-1-week-low-as-us-dollar-jumps-after-opec-deal-stocks-up-the.md) | -0.6% | +1.3% |
| DXY | 2017-01-05 | [Australia, NZ dollars seen down slightly this year: poll - The Business Times](https://feedsoft.ai/events/73258-australia-nz-dollars-seen-down-slightly-this-year-poll-the-business-times.md) | +0.1% | -2.7% |

## Sources

- publisher.tbsnews.net: https://publisher.tbsnews.net/international/global-economy/dollar-yen-investors-seek-shelter-amid-pandemic-crisis-62689

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