# FOREX-Dollar on back foot versus yen on North Korea jitters | Forex Singnal & News

> The dollar weakened against the yen on September 22 as tensions on the Korean peninsula rose after North Korea said it might test a hydrogen bomb over the Pacific. The dollar's post-Fed rally also lost momentum. The yen was trading near 111.99 and was set to snap a five-day winning streak against the dollar.

- Date: 2017-09-23 · published 2017-09-23T12:00:00.000Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/69176-forex-dollar-on-back-foot-versus-yen-on-north-korea-jitters-forex-singnal-and
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Geopolitical risk driving safe-haven flows into the yen has limited direct effect on grain and feed prices. Sustained risk-off sentiment could soften the dollar and modestly support dollar-priced commodities.

## Read by commodity

- DXY: neutral
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-08-29 | [Four ways North Korea's missile launch over Japan is hitting global markets](https://feedsoft.ai/events/69681-four-ways-north-korea-s-missile-launch-over-japan-is-hitting-global-markets.md) | -0.3% | +0.5% |
| DXY | 2026-03-04 | [US dollar surge since start of war on Iran unlikely to last, say FX strategists: Reuters poll \| Reuters](https://feedsoft.ai/events/10716-us-dollar-surge-since-start-of-war-on-iran-unlikely-to-last-say-fx-strategists.md) | -0.6% | +1.3% |
| DXY | 2019-01-30 | [Exchange Rates News Today: British Pound Dented As No-Deal Bets Increase, Euro Gains, Dollar Awaits FED](https://feedsoft.ai/events/61330-exchange-rates-news-today-british-pound-dented-as-no-deal-bets-increase-euro.md) | +0.0% | +0.2% |
| DXY | 2024-10-03 | [Gold holds steady as safe-haven demand counters stronger dollar \| Reuters](https://feedsoft.ai/events/27761-gold-holds-steady-as-safe-haven-demand-counters-stronger-dollar-reuters.md) | +1.1% | +2.7% |
| DXY | 2018-10-03 | [Fresh Blow for Emerging Markets as Rising Oil Hits Importers - Bloomberg](https://feedsoft.ai/events/7667-fresh-blow-for-emerging-markets-as-rising-oil-hits-importers-bloomberg.md) | +0.6% | +2.3% |

## Sources

- signalforexnews.blogspot.com: https://signalforexnews.blogspot.com/2017/09/forex-dollar-on-back-foot-versus-yen-on.html

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