# Japanese Yen rises on positive economic data

> The yen rose against the dollar after Tokyo core CPI came in at 0.7%, below forecasts, while Japanese unemployment fell to 2.2%. Preliminary industrial production rose 1.3%, above expectations, and USD/JPY traded near 106.2.

- Date: 2019-08-30 · published 2019-08-30T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/57807-japanese-yen-rises-on-positive-economic-data
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Currency moves in the yen are a macro factor for dollar-denominated commodity prices and import costs for Japanese buyers, but this routine FX move has little direct effect on feed grain or protein supply and demand.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- economies.com: https://www.economies.com/forex/usd-jpy-news/japanese-yen-rises-on-positive-economic-data-30719

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