# The biggest FX mover for the year?  The JPY takes the prize.

> The yen was the largest major-currency gainer against the other majors in 2018, rising 2.6% against the dollar and 12.2% against the Australian dollar. The Australian dollar was the weakest major currency, reflecting its reliance on China's economy.

- Date: 2018-12-31 · published 2018-12-31T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/61789-the-biggest-fx-mover-for-the-year-the-jpy-takes-the-prize
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A weak Australian dollar tied to Chinese growth signals softer demand for Australian commodity exports, though the effect on feed prices is limited.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- forexlive.com: https://www.forexlive.com/news/!/the-biggest-fx-mover-for-the-year-the-jpy-takes-the-prize-20181231

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