# Bank of Japan's growing global challenges - The Japan Times

> Sayuri Shirai writes that the Fed's dovish shift at the start of 2019 has created uncertainty for Japan's exchange rate and markets. The yen has settled around 109 to 110 per dollar, weaker than the 110 to 115 range of the prior half-year. She also cites the January 3 yen flash crash, when the yen rose nearly 4% to about 104 in under 10 minutes.

- Date: 2019-02-17 · published 2019-02-17T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/60820-bank-of-japan-s-growing-global-challenges-the-japan-times
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Yen volatility and Fed policy shifts can move the dollar, which indirectly affects dollar-priced feed commodities, but the article does not describe a feed-specific change.

## Read by commodity

- DXY: neutral
- USDJPY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-05-24 | [DE-RISKING AHEAD OF THE GLOBAL GROWTH SLOWDOWN” - Nomura \| Ainslie Bullion](https://feedsoft.ai/events/58998-de-risking-ahead-of-the-global-growth-slowdown-nomura-ainslie-bullion.md) | +0.4% | -1.2% |
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| DXY | 2026-10-24 | [The global sovereign debt crisis is coming to a head](https://feedsoft.ai/events/908-the-global-sovereign-debt-crisis-is-coming-to-a-head.md) | +0.3% | — |
| DXY | 2024-05-10 | [The Fed - Monetary Policy and Exchange Rates during the Global Tightening](https://feedsoft.ai/events/30140-the-fed-monetary-policy-and-exchange-rates-during-the-global-tightening.md) | -0.8% | +1.1% |
| DXY | 2021-01-28 | [FX: Challenging our bearish dollar forecast \| articles \| ING THINK](https://feedsoft.ai/events/49343-fx-challenging-our-bearish-dollar-forecast-articles-ing-think.md) | +0.2% | -0.1% |

## Sources

- japantimes.co.jp: https://www.japantimes.co.jp/opinion/2019/02/17/commentary/japan-commentary/bank-japans-growing-global-challenges/

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