# Momentum Builds for Yen to Break 110 - Bloomberg

> Yen buying has revived after the failure of the US health-care bill cast doubt on pro-growth US policies. A mix of domestic and technical factors is also supporting the currency, and analysts see further yen upside.

- Date: 2017-03-26 · published 2017-03-26T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/72236-momentum-builds-for-yen-to-break-110-bloomberg
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A firmer yen lowers the yen cost of dollar-priced feed imports for Japan, while a weaker dollar can soften world grain and oilseed prices.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2017-03-26/yen-on-the-comeback-trail-as-momentum-builds-for-a-break-of-110

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