# Dollar buckles vs yen on risk aversion ahead of China-US meeting - Asia Times

> The dollar weakened against the yen as a risk-averse mood spread, driven by anticipation of the Trump-Xi meeting and a suicide bombing in St. Petersburg. Treasury yields had fallen to one-month lows despite decent US economic data. The dollar was down 0.2% at 110.66 yen after touching its lowest level in a week.

- Date: 2017-04-04 · published 2017-04-04T12:00:00.000Z
- Category: market · region Japan · magnitude low
- Page: https://feedsoft.ai/events/71725-dollar-buckles-vs-yen-on-risk-aversion-ahead-of-china-us-meeting-asia-times
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Safe-haven flows and narrower yield spreads pushed USD/JPY lower on this day. Feed buyers would see this only as a currency move, with no direct effect on feed supply or costs.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- asiatimes.com: https://asiatimes.com/2017/04/dollar-buckles-vs-yen-risk-aversion-ahead-china-us-meeting/

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