# USD/JPY turns negative for second straight session, defies fresh USD strength - Forex Crunch

> USD/JPY fell for a second straight session to around 112.90, retreating from two-month highs above 113.00 after the Fed meeting. Falling US Treasury yields and BoJ Governor Kuroda's comments on reaching the 2% inflation target weighed on the pair. Equity market stability limited the yen's losses.

- Date: 2018-09-27 · published 2018-09-27T12:00:00.000Z
- Category: market · region Japan · magnitude low
- Page: https://feedsoft.ai/events/63282-usd-jpy-turns-negative-for-second-straight-session-defies-fresh-usd-strength
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

The move reflects currency sentiment rather than physical supply or demand for feed commodities. A weaker yen would normally support Japanese import costs, but this change is small.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- forexcrunch.com: https://www.forexcrunch.com/blog/2018/09/27/usd-jpy-turns-negative-for-second-straight-session-defies-fresh-usd-strength/

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