# Dollar Hits Eight-Month High Versus Yen With Promise of Continued Easing in Japan - WSJ

> The yen fell to a nearly eight-month low against the dollar, reaching 114.73, after BoJ Governor Kuroda said the easy monetary stance would continue for some time. The move reflected diverging monetary policy between Tokyo and Washington despite Trump's tough trade talk during a visit to Japan.

- Date: 2017-11-06 · published 2017-11-06T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/68210-dollar-hits-eight-month-high-versus-yen-with-promise-of-continued-easing-in
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Diverging central bank policy is pushing the dollar higher against the yen, which strengthens dollar-denominated commodity import costs in Japan. Feed buyers see only a marginal effect from this currency move.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- wsj.com: https://www.wsj.com/articles/dollar-hits-eight-month-high-versus-yen-with-promise-of-continued-easing-in-japan-1509949524

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