# Yen strengthens past 158 as BoJ rate hike expectations build

> The yen strengthened past 158 per dollar for a second session as minutes from the Bank of Japan's September meeting showed concern that inflation could exceed the 2% target. Markets increasingly price in another BoJ hike at the December 17-18 meeting, after the policy rate was held at 1.25% in October.

- Date: 2026-11-05 · published 2026-11-05T09:09:31.142Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/81476-yen-strengthens-past-158-as-boj-rate-hike-expectations-build
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A firmer yen on expected BoJ tightening lowers Japan's import costs for dollar-priced feed ingredients, though the effect on global grain prices is limited.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- capitalmarket.com: https://www.capitalmarket.com/markets/news/live-news/yen-strengthens-past-158-as-boj-rate-hike-expectations-build/1745123

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