# JPY: Three drivers behind the fall | articles | ING THINK

> The yen weakened past 112 per dollar as recession fears grew over the coronavirus impact on regional economies and speculation about Japanese capital outflows. ING notes the yen's fall looks stretched on its short-term model, with Covid-19 case growth appearing to slow.

- Date: 2020-02-20 · published 2020-02-20T12:00:00.000Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/54818-jpy-three-drivers-behind-the-fall-articles-ing-think
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Currency moves in yen and China-linked currencies affect Asian import purchasing power for feed ingredients and reflect weaker expected Chinese demand.

## Read by commodity

- AUDUSD: bearish ▼
- USDJPY: bullish ▲

## Sources

- think.ing.com: https://think.ing.com/articles/the-three-drivers-of-jpy-fall/

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