# Yen slips further to 10-month low as dollar strengthens broadly - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

> The yen fell to a 10-month low on Thursday, extending its slide past a key technical level against a broadly stronger dollar. Weak Japanese economic data fueled recession talk, and the yen reached 111.84 per dollar, its weakest since April 2017.

- Date: 2020-02-20 · published 2020-02-20T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/54820-yen-slips-further-to-10-month-low-as-dollar-strengthens-broadly-sabc-news
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A weaker yen reflects growing concern about Japan and Asian demand from the virus, which can soften import demand for feed and food commodities priced in dollars.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- sabcnews.com: https://www.sabcnews.com/sabcnews/yen-slips-further-to-10-month-low-as-dollar-strengthens-broadly/

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