# eFXdata | USD/JPY - Consolidates Ahead Of US Midterms; JPY Weak On Crosses

> USD/JPY was little changed in Asian trading after closing 0.2% higher on Monday, with support seen around 157.40-45 and resistance at 158.00-10. EUR/JPY had closed 0.4% higher after touching a one-year low on Friday. Traders were cautious ahead of the US midterm elections and a Japanese holiday.

- Date: 2026-11-03 · published 2026-11-03T09:09:53.847Z
- Category: market · region Japan · magnitude low
- Page: https://feedsoft.ai/events/77383-efxdata-usd-jpy-consolidates-ahead-of-us-midterms-jpy-weak-on-crosses
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

This is routine currency commentary with no new policy or supply driver, so it has little direct effect on feed prices. Yen weakness against the dollar still marginally raises the cost of imported feed inputs for Japanese buyers.

## Sources

- efxdata.com: https://www.efxdata.com/insights/90c44329f829cc1b9e2cbe3e2019e8d4.html

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