# NY Yen Extends Losses to 158.65-158.75 per Dollar as Tech Rally Drives Yen Selling

> The yen weakened further in New York trading on November 3, closing at 158.65-158.75 per dollar, its weakest level since October 14. US tech stocks rallied, improving risk sentiment and prompting selling of the low-yielding yen. The yen also fell against the euro and dollar-linked pairs, while the Reserve Bank of Australia raised its policy rate to 4.85%.

- Date: 2026-11-03 · published 2026-11-04T00:51:55.001Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/78868-ny-yen-extends-losses-to-158-65-158-75-per-dollar-as-tech-rally-drives-yen
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A weaker yen makes dollar-priced feed imports more expensive for Japanese buyers, lifting landed costs for corn, soybean meal and other grains. The move is a currency effect rather than a change in grain supply or demand.

## Sources

- nikkei.com: https://www.nikkei.com/article/DGXZQOFL033OG0T01C26A1000000/

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