# Yen Extends Losses in Tokyo Morning Trade at Mid-157s; Dealers Cite Dollar Buying

> In morning trading in Tokyo on November 2, the yen weakened to around 157.76-157.77 per dollar at 10:00, a 21-sen decline from the prior Friday close, and briefly hit 157.83. Dealers cited dollar buying from importers and trade settlements at the start of the month.

- Date: 2026-11-02 · published 2026-11-02T21:11:35.298Z
- Category: market · region Japan · magnitude low
- Page: https://feedsoft.ai/events/75915-yen-extends-losses-in-tokyo-morning-trade-at-mid-157s-dealers-cite-dollar-buying
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Oil prices remain elevated on Middle East uncertainty, which worsens Japan's trade balance and keeps yen-selling pressure in place. A weaker yen raises the local-currency cost of imported feed grains and meal, which are priced in dollars.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- nikkei.com: https://www.nikkei.com/article/DGXZQOFL0208D0S6A101C2000000/

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