# Yen Rises Ahead Of Bank Of Japan - ActionForex

> The yen rose ahead of the Bank of Japan's policy statement as the dollar struggled after its strong prior week. Investors expected no change in rates but saw room for lower inflation forecasts, and Abe's election win was expected to keep policy loose.

- Date: 2017-10-31 · published 2017-10-31T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/68686-yen-rises-ahead-of-bank-of-japan-actionforex
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar against the yen eases pressure on dollar-priced commodities, though the move is a currency story with limited direct feed impact.

## Read by commodity

- DXY: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-08-01 | [Japan intervenes to prop up yen ahead of BOJ policy decision, source says](https://feedsoft.ai/events/18580-japan-intervenes-to-prop-up-yen-ahead-of-boj-policy-decision-source-says.md) | -0.5% | -0.8% |
| DXY | 2025-12-22 | [Japan's yen rises vs dollar on intervention hints; US dollar slumps \| Reuters](https://feedsoft.ai/events/21744-japan-s-yen-rises-vs-dollar-on-intervention-hints-us-dollar-slumps-reuters.md) | -0.5% | -0.7% |
| DXY | 2024-02-29 | [Japanese Yen eases from over one-week high, bulls turn cautious ahead of US PCE Price Index](https://feedsoft.ai/events/31912-japanese-yen-eases-from-over-one-week-high-bulls-turn-cautious-ahead-of-us-pce.md) | -0.5% | -0.1% |
| DXY | 2020-08-30 | [Dollar Dived on New Fed Strategy, Aussie Shone ahead of a Key Week - ActionForex](https://feedsoft.ai/events/51895-dollar-dived-on-new-fed-strategy-aussie-shone-ahead-of-a-key-week-actionforex.md) | +0.1% | +1.4% |
| DXY | 2019-01-31 | [Dollar Tumbles Broadly after Dovish FOMC, More Downside Ahead - ActionForex](https://feedsoft.ai/events/61291-dollar-tumbles-broadly-after-dovish-fomc-more-downside-ahead-actionforex.md) | +0.1% | +0.4% |

## Sources

- actionforex.com: https://www.actionforex.com/contributors/fundamental-analysis/53656-yen-rises-ahead-of-bank-of-japan/

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