# Yen plumbs week trough against dollar after BoJ's decisions

> The yen weakened to a one-week low against the dollar after the Bank of Japan held rates at minus 0.10% for the 15th straight meeting. Japanese data showed June unemployment rising to 2.4% and industrial output falling 2.1%. Markets turned to US income and spending data ahead of the Fed's policy meeting.

- Date: 2018-07-31 · published 2018-07-31T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/64280-yen-plumbs-week-trough-against-dollar-after-boj-s-decisions
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Currency moves of this kind are macro background for feed buyers, since a weaker yen and stronger dollar can affect US export competitiveness and dollar-denominated commodity prices. The impact on grain and feed prices is limited.

## Read by commodity

- DXY: bullish ▲
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-07-29 | [Pound at 10-week low against dollar after US-EU trade deal](https://feedsoft.ai/events/24022-pound-at-10-week-low-against-dollar-after-us-eu-trade-deal.md) | +0.3% | -0.2% |
| DXY | 2023-07-01 | [Dollar index hits two-week high after data; yen remains soft](https://feedsoft.ai/events/35681-dollar-index-hits-two-week-high-after-data-yen-remains-soft.md) | -0.3% | -1.3% |
| DXY | 2025-07-31 | [Yen rises after BOJ decision; dollar eyes first monthly gain this year — TradingView News](https://feedsoft.ai/events/24004-yen-rises-after-boj-decision-dollar-eyes-first-monthly-gain-this-year.md) | -0.7% | -0.6% |
| DXY | 2022-01-26 | [Dollar rises to five-week high after Fed policy decision \| Reuters](https://feedsoft.ai/events/12221-dollar-rises-to-five-week-high-after-fed-policy-decision-reuters.md) | +0.2% | -0.4% |
| DXY | 2023-04-28 | [Yen slumps more than 1% after BoJ decision \| Convera](https://feedsoft.ai/events/36632-yen-slumps-more-than-1-after-boj-decision-convera.md) | -0.3% | +1.2% |

## Sources

- economies.com: https://www.economies.com/forex/usd-jpy-news/yen-plumbs-week-trough-against-dollar-after-bojs-decisions-23871

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