# [London FX] Yen weakens to low 158 yen range (3 Nov, 10 a.m.)

> In London trading the yen fell to the low 158 range against the dollar ahead of the US midterm elections, with position adjustments driving dollar buying. The euro traded near 176.89-176.99 yen and the pound near $1.3405-1.3415.

- Date: 2026-11-03 · published 2026-11-03T12:09:01.667Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/77541-london-fx-yen-weakens-to-low-158-yen-range-3-nov-10-a-m
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Yen weakness raises Japanese import costs for feed ingredients, while the market expects a Democratic midterm win that could weigh on US equities and rates. Range-bound FX suggests limited immediate price impact.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- sp.m.jiji.com: https://sp.m.jiji.com/article/show/3903656

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