# [Flash] Dollar/yen at 158.55; dollar holds firm as US October services PMI final reading is revised down unexpectedly

> The dollar held near 158.55 yen after the final US October services PMI was revised down more than expected. Traders were also watching the US midterm elections and Iran developments.

- Date: 2026-11-04 · published 2026-11-04T15:09:22.633Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/79923-flash-dollar-yen-at-158-55-dollar-holds-firm-as-us-october-services-pmi-final
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Currency moves like this affect the cost of imported feed ingredients for Japan, and a weaker dollar can soften dollar-denominated grain and meal prices in yen terms.

## Read by commodity

- DXY: neutral
- USDJPY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-05-13 | [FOREX-Yen set to snap nine weeks of losses, dollar holds firm](https://feedsoft.ai/events/41626-forex-yen-set-to-snap-nine-weeks-of-losses-dollar-holds-firm.md) | -1.5% | -1.1% |
| DXY | 2026-09-30 | [FOREX-US dollar flat against peers after softer-than-expected inflation data \| International](https://feedsoft.ai/events/17640-forex-us-dollar-flat-against-peers-after-softer-than-expected-inflation-data.md) | -0.1% | +0.7% |
| DXY | 2023-06-30 | [Dollar firm ahead of PCE numbers, briefly pokes head above 145 yen](https://feedsoft.ai/events/35737-dollar-firm-ahead-of-pce-numbers-briefly-pokes-head-above-145-yen.md) | -0.4% | -1.5% |
| DXY | 2026-10-01 | [Dollar flat as US-Iran stand-off lifts oil, yields](https://feedsoft.ai/events/17639-dollar-flat-as-us-iran-stand-off-lifts-oil-yields.md) | +0.2% | +0.6% |
| DXY | 2026-01-30 | [US Dollar Weekly Forecast: The Fed is seen reducing rates twice in 2026](https://feedsoft.ai/events/21241-us-dollar-weekly-forecast-the-fed-is-seen-reducing-rates-twice-in-2026.md) | +0.9% | +0.3% |

## Sources

- zai.diamond.jp: https://zai.diamond.jp/articles/-/498474

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