# USD/JPY climbs to mid-109s as greenback gathers strength on upbeat PMI data - Forex Crunch

> USD/JPY rose to the mid-109s after stronger-than-expected US January nonfarm payrolls and manufacturing PMI readings. The dollar index advanced to about 95.6 as equities turned positive. Unemployment rose to 4% while wage growth was softer than expected.

- Date: 2019-02-01 · published 2019-02-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/60818-usd-jpy-climbs-to-mid-109s-as-greenback-gathers-strength-on-upbeat-pmi-data
- 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 firmer dollar tends to pressure dollar-denominated grain and oilseed prices, though this move is a routine FX market reaction.

## Read by commodity

- DXY: bullish ▲
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2016-11-15 | [Dollar hovers at 11-month high after upbeat U.S. data](https://feedsoft.ai/events/7744-dollar-hovers-at-11-month-high-after-upbeat-u-s-data.md) | +0.2% | -0.4% |
| DXY | 2020-02-04 | [Dollar gains on upbeat manufacturing data, virus threats cap yuan \| The Business Standard](https://feedsoft.ai/events/5140-dollar-gains-on-upbeat-manufacturing-data-virus-threats-cap-yuan-the-business.md) | +0.4% | +0.3% |
| DXY | 2025-08-29 | [GBP/USD consolidates above 1.3450 with muted reaction to US inflation data](https://feedsoft.ai/events/23591-gbp-usd-consolidates-above-1-3450-with-muted-reaction-to-us-inflation-data.md) | -0.1% | +0.1% |
| DXY | 2026-10-19 | [COT on forex and commodities - Week to 13 October 2026 \| Saxo UK](https://feedsoft.ai/events/17045-cot-on-forex-and-commodities-week-to-13-october-2026-saxo-uk.md) | -0.1% | — |
| DXY | 2022-07-05 | [Grain prices plunge, as Canada data add to pressure from market mayhem - Grain Price News](https://feedsoft.ai/events/5056-grain-prices-plunge-as-canada-data-add-to-pressure-from-market-mayhem-grain.md) | +1.5% | -0.1% |

## Sources

- forexcrunch.com: https://www.forexcrunch.com/blog/2019/02/01/usd-jpy-climbs-to-mid-109s-as-greenback-gathers-strength-on-upbeat-pmi-data/

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