# Dollar falls against yen on U.S. yield drop, profit-taking | Reuters

> The dollar fell against the yen as US Treasury yields dropped and some investors took profits. The article text is truncated and contains little detail beyond the headline.

- Date: 2016-12-29 · published 2016-12-29T12:00:00.000Z
- Category: market · region Japan · magnitude low
- Page: https://feedsoft.ai/events/73705-dollar-falls-against-yen-on-u-s-yield-drop-profit-taking-reuters
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A weaker dollar against the yen makes US exports less competitive in Japan and can ease pressure on import-dependent feed costs. The effect on grain prices is small.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/us-global-forex-idUSKBN14I01H/?feedName=businessNews&feedType=RSS

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