# US dollar charges to a two-month peak against the yen as Fed and BOJ’s policy outlooks diverge | South China Morning Post

> The US dollar rose to a two-month high of 114.29 yen against the yen on July 10 as the Bank of Japan reiterated its pledge to keep JGB yields near zero. The move reflected the widening gap between US and Japanese bond yields.

- Date: 2017-07-10 · published 2017-07-10T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/70212-us-dollar-charges-to-a-two-month-peak-against-the-yen-as-fed-and-boj-s-policy
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

The divergence in central bank policy affects currency flows rather than feed supply or demand, so the link to feed commodity prices is weak.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- scmp.com: https://www.scmp.com/business/banking-finance/article/2102092/us-dollar-charges-two-month-peak-against-yen-fed-and-bojs

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