# NY FX market: dollar flat ahead of jobs data; yen rises on BOJ rate hike speculation

> The dollar was roughly flat against the euro and other currencies in New York trading on November 5 as markets weighed AI-spending slowdown risks. The yen gained 0.46% to 157.63 per dollar after minutes of the BOJ's September meeting showed some members flagged a possibly faster pace of rate hikes. The BOJ had raised its policy rate to 1.25%, a 31-year high.

- Date: 2026-11-05 · published 2026-11-05T21:08:41.345Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/82415-ny-fx-market-dollar-flat-ahead-of-jobs-data-yen-rises-on-boj-rate-hike
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of faster BOJ tightening support a firmer yen, which can lower the local-currency cost of US feed imports for Japan and dampen US dollar strength against Asian currencies.

## Read by commodity

- DXY: neutral
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-09-21 | [Dollar eases after Fed-spurred rise, yen stronger ahead of BOJ](https://feedsoft.ai/events/34309-dollar-eases-after-fed-spurred-rise-yen-stronger-ahead-of-boj.md) | +1.7% | +2.3% |
| DXY | 2018-09-25 | [Dollar slips ahead of widely expected Fed rate hike](https://feedsoft.ai/events/63243-dollar-slips-ahead-of-widely-expected-fed-rate-hike.md) | +0.3% | +1.4% |
| DXY | 2019-06-17 | [Forex Market: Dollar steady ahead of Fed meeting; low chances of June rate cut](https://feedsoft.ai/events/58784-forex-market-dollar-steady-ahead-of-fed-meeting-low-chances-of-june-rate-cut.md) | -0.9% | -1.1% |
| DXY | 2023-08-28 | [US Dollar Index News: DXY Reacts to Powell’s Speech, Rate Hike Speculations Rise \| FXEmpire](https://feedsoft.ai/events/34785-us-dollar-index-news-dxy-reacts-to-powell-s-speech-rate-hike-speculations-rise.md) | +0.2% | +1.3% |
| DXY | 2021-09-28 | [BoE Rate-Hike Speculation Keeps Sterling Afloat As Yield Trends Dominate Markets \| Exchange Rates UK](https://feedsoft.ai/events/45310-boe-rate-hike-speculation-keeps-sterling-afloat-as-yield-trends-dominate.md) | +0.5% | -0.1% |

## Sources

- topics.smt.docomo.ne.jp: https://topics.smt.docomo.ne.jp/article/reuters/business/reuters-20261106016?fm=latestnews

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