# Yen little changed after marking three-month low

> The yen was little changed in Asian trade after hitting three-month lows the previous week, with USD/JPY near 109.11. The Bank of Japan kept rates unchanged and pledged to meet its inflation target, while traders awaited the US payrolls report and FOMC meeting.

- Date: 2018-04-30 · published 2018-04-30T12:00:00.000Z
- Category: market · region Japan · magnitude low
- Page: https://feedsoft.ai/events/65735-yen-little-changed-after-marking-three-month-low
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Currency moves of this size are routine and do not materially change feed input costs. The yen's weakness modestly supports Japanese import demand for US feed commodities.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- economies.com: https://www.economies.com/forex/usd-jpy-news/yen-little-changed-after-marking-three-month-low-22859

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