# Japanese Yen outperforms as US tech rout and hawkish BoJ minutes lift demand

> The Japanese yen gained against major peers as a sharp sell-off in US tech and chip shares sent investors toward safe havens. USD/JPY traded near 157.70, down about 0.47% on the day, while the US 10-year Treasury yield fell to 4.83%.

- Date: 2026-11-05 · published 2026-11-05T18:08:57.970Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/82108-japanese-yen-outperforms-as-us-tech-rout-and-hawkish-boj-minutes-lift-demand
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger yen and weaker dollar reduce the local-currency cost of US commodity imports for Japan and shift currency-driven demand, with modest direct effects on feed grain and meal prices.

## Read by commodity

- DXY: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-09-30 | [USD/JPY slumps to near 148.00 as Japanese Yen continues to outperform - The Pound Hub](https://feedsoft.ai/events/23133-usd-jpy-slumps-to-near-148-00-as-japanese-yen-continues-to-outperform-the-pound.md) | +0.1% | +0.4% |
| DXY | 2026-01-26 | [Japanese Yen clings to gains amid intervention fears, hawkish BoJ](https://feedsoft.ai/events/21297-japanese-yen-clings-to-gains-amid-intervention-fears-hawkish-boj.md) | -0.8% | -0.8% |
| DXY | 2025-04-02 | [USD/JPY: Yen Outperforms Major Peers as Trump Tariffs Fuel Haven Bid - Bloomberg](https://feedsoft.ai/events/25372-usd-jpy-yen-outperforms-major-peers-as-trump-tariffs-fuel-haven-bid-bloomberg.md) | +0.3% | -3.0% |
| DXY | 2025-06-26 | [Japanese Yen benefits from reviving safe-haven demand; USD/JPY slumps to nearly two-week low](https://feedsoft.ai/events/24471-japanese-yen-benefits-from-reviving-safe-haven-demand-usd-jpy-slumps-to-nearly.md) | -0.9% | -0.6% |
| DXY | 2024-09-27 | [Japanese Yen drops as no candidate secures majority in the first round of LDP voting](https://feedsoft.ai/events/28543-japanese-yen-drops-as-no-candidate-secures-majority-in-the-first-round-of-ldp.md) | +0.9% | +2.9% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/japanese-yen-outperforms-as-us-tech-rout-and-hawkish-boj-minutes-lift-demand-202611051749

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