# Yen Weakness Fuels USD/JPY and EUR/JPY Breakouts Ahead of Midterms

> The yen weakened broadly on November 3 as USD/JPY and EUR/JPY moved higher, with traders watching 160 and 180. Japan's finance minister reaffirmed currency cooperation with the US but did not signal imminent intervention, and US midterm results were expected to add volatility.

- Date: 2026-11-03 · published 2026-11-04T00:12:55.614Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/78603-yen-weakness-fuels-usd-jpy-and-eur-jpy-breakouts-ahead-of-midterms
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Yen-specific selling and possible intervention risk affect the cost of imported feed for Japanese buyers, but no supply or demand change in feed commodities is implied.

## Sources

- forex.com: https://www.forex.com/en/news-and-analysis/yen-weakness-fuels-usd-jpy-and-eur-jpy-breakouts-ahead-of-midterms/

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