# Japanese Yen rises amid Japan's Golden Week

> The yen rose as the dollar weakened during Japan's extended Golden Week holiday, with the dollar index falling 0.4% to 97.4. USD/JPY slipped to around 111.3 ahead of the Federal Reserve decision, which was expected to leave rates unchanged.

- Date: 2019-04-30 · published 2019-04-30T12:00:00.000Z
- Category: market · region Japan · magnitude low
- Page: https://feedsoft.ai/events/59811-japanese-yen-rises-amid-japan-s-golden-week
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A weaker dollar index generally supports dollar-denominated grain and feed prices, though the move is a routine currency fluctuation with limited effect on feed supply or demand.

## Read by commodity

- DXY: bearish ▼
- USDJPY: bearish ▼

## Sources

- economies.com: https://www.economies.com/forex/news/japanese-yen-rises-amid-japans-golden-week-28616

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