# Less hawkish BoJ pressures Japanese Yen as bears dismiss renewed intervention warning

> USD/JPY reached about 157.85 in Asian trading after a rebound from Friday's post-BoJ low below 157.00. Japan's Finance Minister Katayama repeated an intervention warning, and Iran-US diplomacy weighed on the dollar.

- Date: 2026-11-02 · published 2026-11-02T06:09:33.851Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/74937-less-hawkish-boj-pressures-japanese-yen-as-bears-dismiss-renewed-intervention
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Uncertainty over the timing of the next BoJ hike keeps the yen under pressure, which raises Japan's import costs for feed. Hopes for Middle East diplomacy are also easing crude and the dollar, which partly offset the currency effect.

## Read by commodity

- BRENT: bearish ▼
- USDJPY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2021-07-21 | [RBI Intervention And Sharply Lower Oil Prices Halted The Rapid Rise In USD/INR \| Investing.com India](https://feedsoft.ai/events/46346-rbi-intervention-and-sharply-lower-oil-prices-halted-the-rapid-rise-in-usd-inr.md) | +7.2% | -0.7% |
| BRENT | 2023-06-29 | [The Commodities Feed: Hawkish Fed comments weigh on the complex \| articles \| ING THINK](https://feedsoft.ai/events/35414-the-commodities-feed-hawkish-fed-comments-weigh-on-the-complex-articles-ing.md) | +3.9% | +12.3% |
| BRENT | 2020-02-27 | [Oil prices dive to lowest in over a year on coronavirus fears \| Reuters](https://feedsoft.ai/events/7109-oil-prices-dive-to-lowest-in-over-a-year-on-coronavirus-fears-reuters.md) | -5.0% | -51.1% |
| BRENT | 2021-08-19 | [Falling oil prices increase pressure on oilseed markets](https://feedsoft.ai/events/11363-falling-oil-prices-increase-pressure-on-oilseed-markets.md) | +5.5% | +9.8% |
| BRENT | 2022-04-25 | [Fed’s hawkish stance keeps commodity markets under pressure](https://feedsoft.ai/events/41759-fed-s-hawkish-stance-keeps-commodity-markets-under-pressure.md) | +2.8% | +6.8% |

## Sources

- tmgm-asia.com: https://www.tmgm-asia.com/eng/analysis/market-news/article/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.