# Tokyo FX: Dollar-Yen Little Changed in Upper 157 Range; Euro Firm vs Yen and Dollar

> In Tokyo trading on November 2, the dollar-yen pair stayed in a narrow 157.45 to 157.83 range as investors held back ahead of the US midterm elections. Month-start position adjustments brought some yen selling, and the euro firmed against both the yen and the dollar. Japan's October manufacturing PMI came in at 53.3, in line with expectations.

- Date: 2026-11-02 · published 2026-11-02T03:09:39.987Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/74687-tokyo-fx-dollar-yen-little-changed-in-upper-157-range-euro-firm-vs-yen-and
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Low FX volatility and a firm euro reduce near-term currency-driven shifts in import costs for feed buyers. Election-related risk-off moves could change dollar strength and therefore dollar-denominated commodity prices.

## Sources

- finance.biggo.com: https://finance.biggo.com/news/7f390531-1798-4551-878f-b7b9f1af7aa0

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