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The yen traded in the upper 157 yen range against the dollar in New York on Monday, November 2, as markets waited for the US midterm elections and upcoming US jobs data. The dollar was supported by an unexpectedly strong US ISM manufacturing reading of 55.5, while falling US crude and long-term yields capped its gains.
The euro rose to 176.65-176.75 yen.
A yen near 158 per dollar keeps Japanese importers' costs for US feed grains and meal high. The result depends on the US jobs data and Fed policy outlook, which affect the dollar and commodity import costs.
sp.m.jiji.comNov 3, 2026Not enough comparable past events yet for a historical read.
After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
