# FOREX-Dollar gains vs yen on US tax reform hopes but sags against euro, pound

> The dollar rose to a 10-day high against the yen as US Senate tax bill progress gained support, including from Senator John McCain. The greenback weakened against the euro and pound as political tensions eased in Europe.

- Date: 2017-12-01 · published 2017-12-01T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/67699-forex-dollar-gains-vs-yen-on-us-tax-reform-hopes-but-sags-against-euro-pound
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Mixed currency moves change relative import costs for buyers in different regions, with a firmer dollar against the yen but softer against the euro. Direct effects on feed commodity prices are modest.

## Read by commodity

- DXY: neutral
- EURUSD: bullish ▲
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-03-31 | [Pound steadies against dollar as US trade tariffs loom](https://feedsoft.ai/events/25831-pound-steadies-against-dollar-as-us-trade-tariffs-loom.md) | -0.5% | -2.8% |
| DXY | 2021-08-26 | [Yen Falls on Rising US Yields, Dollar Soft Again - ActionForex](https://feedsoft.ai/events/45776-yen-falls-on-rising-us-yields-dollar-soft-again-actionforex.md) | -0.7% | -0.1% |
| DXY | 2025-11-21 | [Dollar slips against yen but heads for broad weekly rise \| Reuters](https://feedsoft.ai/events/22143-dollar-slips-against-yen-but-heads-for-broad-weekly-rise-reuters.md) | -0.5% | -1.3% |
| DXY | 2020-05-29 | [FOREX-Yen perks up, dollar sags as markets jittery before Trump speaks on China \| Business](https://feedsoft.ai/events/53366-forex-yen-perks-up-dollar-sags-as-markets-jittery-before-trump-speaks-on-china.md) | -1.4% | -0.6% |
| DXY | 2026-09-30 | [FOREX-US dollar flat against peers after softer-than-expected inflation data \| International](https://feedsoft.ai/events/17640-forex-us-dollar-flat-against-peers-after-softer-than-expected-inflation-data.md) | -0.1% | +0.7% |
| EURUSD | 2025-07-01 | [Dollar lowest since 2021 against euro, gains on yen](https://feedsoft.ai/events/24469-dollar-lowest-since-2021-against-euro-gains-on-yen.md) | -0.5% | -2.0% |
| EURUSD | 2025-03-04 | [Euro gains after German debt reform; US dollar falls](https://feedsoft.ai/events/5800-euro-gains-after-german-debt-reform-us-dollar-falls.md) | +3.2% | +2.9% |
| EURUSD | 2023-11-30 | [US dollar gains but set for worst monthly loss in a year, euro falls](https://feedsoft.ai/events/33379-us-dollar-gains-but-set-for-worst-monthly-loss-in-a-year-euro-falls.md) | -1.6% | +0.9% |

## Sources

- lachlanrussell.com: https://lachlanrussell.com/api/p/finance.yahoo.com/news/forex-dollar-gains-vs-yen-004821396.html

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