# The Yen Emerges as the Currency-Market Winner From Trade Tensions - Bloomberg

> The yen strengthened as the Trump administration's new trade measures raised fears of protectionism, which hit stocks and pushed bonds higher. Investors expect more trade-related actions and continued support for the yen as a safe haven.

- Date: 2018-03-02 · published 2018-03-02T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/66226-the-yen-emerges-as-the-currency-market-winner-from-trade-tensions-bloomberg
- 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 tied to trade tension shift the dollar's value against feed-importing currencies, which affects the cost of imported feed ingredients and US export competitiveness.

## Read by commodity

- DXY: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-04-04 | [Euro (USD/EUR) Emerges as Unlikely Winner From Trump’s Trade Tariff Shock - Bloomberg](https://feedsoft.ai/events/7248-euro-usd-eur-emerges-as-unlikely-winner-from-trump-s-trade-tariff-shock.md) | +0.3% | -1.3% |
| DXY | 2019-06-19 | [Asia markets: The Fed, US-China trade, currencies in focus](https://feedsoft.ai/events/9812-asia-markets-the-fed-us-china-trade-currencies-in-focus.md) | -1.1% | -0.9% |
| DXY | 2020-03-09 | [US dollar market sees major sell off as currency traders buy EUR](https://feedsoft.ai/events/10776-us-dollar-market-sees-major-sell-off-as-currency-traders-buy-eur.md) | +3.2% | +6.6% |
| DXY | 2018-03-04 | [Currency markets send a warning on the US economy](https://feedsoft.ai/events/66191-currency-markets-send-a-warning-on-the-us-economy.md) | -0.6% | -0.8% |
| DXY | 2020-08-28 | [Euro (EUR USD) Revives Global Challenge for the Dollar’s Currency Crown - Bloomberg](https://feedsoft.ai/events/51823-euro-eur-usd-revives-global-challenge-for-the-dollar-s-currency-crown-bloomberg.md) | -0.5% | +1.0% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2018-03-02/yen-emerging-as-currency-market-winner-as-trade-tensions-mount

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