# Here's why Aso's attempt to jawbone the yen lower today isn't succeeding

> Japanese Finance Minister Aso suggested USD/JPY should rise if the US-Japan 10-year yield gap reaches 3%. The article argues this has not worked, since USD/JPY has not responded to yield differentials over the last few months.

- Date: 2018-03-29 · published 2018-03-29T12:00:00.000Z
- Category: market · region Japan · magnitude low
- Page: https://feedsoft.ai/events/66228-here-s-why-aso-s-attempt-to-jawbone-the-yen-lower-today-isn-t-succeeding
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Currency commentary on yen direction has little direct effect on feed grain or meal prices, though a firmer dollar could modestly weigh on US commodity prices.

## Sources

- investinglive.com: https://investinglive.com/news/!/heres-why-asos-attempt-to-jawbone-the-yen-lower-today-isnt-succeeding-20180329

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