# Yen starts in late 157 yen range per dollar as market awaits US midterm elections

> The yen opened in Tokyo at about 157.88 to 157.90 per dollar, down 0.03 yen from the prior close, as investors held back ahead of the US midterm vote on November 3. A fall in oil prices and US long-term yields weakened dollar demand, while the euro traded near 1.1186 dollars.

- Date: 2026-11-03 · published 2026-11-03T03:08:42.838Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/76886-yen-starts-in-late-157-yen-range-per-dollar-as-market-awaits-us-midterm
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lower oil prices and softer US yields reduce dollar strength, a modest tailwind for dollar-priced commodity imports in yen terms, with limited direct effect on feed prices.

## Read by commodity

- DXY: neutral
- USDJPY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-08-18 | [Dollar Range-Bound as Markets Await Dovish Fed Response \| Finance News](https://feedsoft.ai/events/17810-dollar-range-bound-as-markets-await-dovish-fed-response-finance-news.md) | -0.4% | +0.1% |
| DXY | 2020-04-27 | [Yen in tight range before BOJ decision, markets await Fed and ECB \| 1330 & 101.5 WHBL](https://feedsoft.ai/events/53859-yen-in-tight-range-before-boj-decision-markets-await-fed-and-ecb-1330-and-101-5.md) | -0.8% | -1.5% |
| DXY | 2026-07-30 | [Dollar Slips As Markets Wait For US Data Drops - Finimize](https://feedsoft.ai/events/18553-dollar-slips-as-markets-wait-for-us-data-drops-finimize.md) | -1.2% | -1.9% |
| DXY | 2025-11-12 | [US Dollar: Consolidation Persists While Risk Assets Rally Across Global Markets \| Investing.com](https://feedsoft.ai/events/22169-us-dollar-consolidation-persists-while-risk-assets-rally-across-global-markets.md) | -0.1% | -0.5% |
| DXY | 2024-04-17 | [US dollar weakens as market consolidates gains, but uptrend intact](https://feedsoft.ai/events/30908-us-dollar-weakens-as-market-consolidates-gains-but-uptrend-intact.md) | -0.3% | -1.0% |

## Sources

- fnnews.com: https://www.fnnews.com/news/202611031002113277
- newsis.com: https://www.newsis.com/view/NISX20261103_0003852302

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