# Japanese Yen weakens amid less hawkish BoJ

> USD/JPY rose toward 157.85 at the start of the week, recovering from a post-BoJ swing low below 157.00. Japan's Finance Minister Satsuki Katayama reiterated readiness to act against excessive yen weakness, but the yen stayed soft amid uncertainty over the timing of the next BoJ rate hike. Hopes for Iran-US diplomacy weighed on the dollar and capped the pair's gains.

- Date: 2026-11-02 · published 2026-11-02T03:09:39.918Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/74685-japanese-yen-weakens-amid-less-hawkish-boj
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A weaker yen makes dollar-priced feed imports more expensive for Japanese buyers, while a stronger dollar tends to pressure US grain and soymeal export values. Intervention risk and the BoJ outlook are the main near-term swing factors.

## Sources

- fxstreet.com: https://www.fxstreet.com/news/japanese-yen-weakens-amid-less-hawkish-boj-as-bears-shrug-off-fresh-intervention-warning-202611020204

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