# Is USD/JPY Overbought? The US Dollar Rises Versus Japanese Yen On US-Japanese Interest Rate Differentials

> USD/JPY traded near 111.15 as interest rate differentials between the US and Japan drove the currency pair. The article notes that the 2-year US-Japan yield spread remains at post-crisis highs.

- Date: 2016-11-21 · published 2016-11-21T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/74085-is-usd-jpy-overbought-the-us-dollar-rises-versus-japanese-yen-on-us-japanese
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Persistent rate-differential-driven dollar strength keeps dollar-priced feed commodities under pressure, though this is routine currency commentary without a new shock.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/16836/usdjpy-the-us-dollar-to-yen-outlook-losing-steam.html

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