# The US Dollar To Yen Rate To Climb As "Continued Fade Of This Week?s Risk-off Move Favors Near-Term JPY Weakness" | Exchange Rates UK

> The dollar was set to rise against the yen after a sharp risk-off move reversed, with USD/JPY quoted near 110.23. Stronger-than-expected US retail sales and GDP data supported the dollar, and markets recovered after a sudden sell-off.

- Date: 2017-08-30 · published 2017-08-30T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/69684-the-us-dollar-to-yen-rate-to-climb-as-and-quot-continued-fade-of-this-week-s
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Stronger US data supporting the dollar tends to weigh on dollar-priced commodities, while the yen move affects Japanese import costs for feed ingredients.

## Read by commodity

- DXY: bullish ▲
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-09-24 | [Rates In US Continue To Put Upwards Pressure On The US Dollar \| Exchange Rates UK](https://feedsoft.ai/events/57274-rates-in-us-continue-to-put-upwards-pressure-on-the-us-dollar-exchange-rates-uk.md) | +0.6% | -1.1% |
| DXY | 2018-04-30 | [Euro-Dollar Exchange Rates To Face German Inflation, FED And US Jobs This Week \| Exchange Rates UK](https://feedsoft.ai/events/65728-euro-dollar-exchange-rates-to-face-german-inflation-fed-and-us-jobs-this-week.md) | +1.0% | +2.2% |
| DXY | 2018-04-24 | [British Pound To US Dollar Exchange Rate Trends Near One-Month-Lows As UK Data Fails To Impress](https://feedsoft.ai/events/65771-british-pound-to-us-dollar-exchange-rate-trends-near-one-month-lows-as-uk-data.md) | +0.4% | +2.5% |
| DXY | 2018-04-30 | [British Pound To US Dollar Exchange Rate Continues To Tumble As Political Uncertainties Grip Pound \| Exchange Rates UK](https://feedsoft.ai/events/65765-british-pound-to-us-dollar-exchange-rate-continues-to-tumble-as-political.md) | +1.0% | +2.2% |
| DXY | 2018-04-26 | [Japanese Yen To See Limited Downside Vs US Dollar Say ING And Citi Analysts \| Exchange Rates UK](https://feedsoft.ai/events/65739-japanese-yen-to-see-limited-downside-vs-us-dollar-say-ing-and-citi-analysts.md) | +0.7% | +2.1% |

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/18924/nuclear-test-usd-jpy-priced-in.html

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