# USD/JPY erodes 25-pips rapidly to test 111.75, Nikkei 255 dives -1% — Octa

> USD/JPY fell about 25 pips to test 111.75 as risk-off sentiment hit Asian equities, with the Nikkei 225 down about 1%. The yen held firm as a safe haven while the broad dollar softened.

- Date: 2017-06-30 · published 2017-06-30T12:00:00.000Z
- Category: market · region Japan · magnitude low
- Page: https://feedsoft.ai/events/70723-usd-jpy-erodes-25-pips-rapidly-to-test-111-75-nikkei-255-dives-1-octa
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Routine currency commentary with no new cause for feed commodities. A stronger yen mainly matters for Japanese import costs.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/459899/

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