# The Yen rises on BoJ minutes, with Ueda and US NFP on the Friday docket

> The yen strengthened, with USD/JPY falling from just below 159 to around 157.50, after Bank of Japan minutes reinforced expectations of a possible December rate hike. A decline in US technology shares also supported the yen; traders were watching for comments from Governor Ueda and US payroll data.

- Date: 2026-11-05 · published 2026-11-06T00:09:53.362Z
- Category: macro · region Japan, United States · magnitude low
- Page: https://feedsoft.ai/events/82732-the-yen-rises-on-boj-minutes-with-ueda-and-us-nfp-on-the-friday-docket
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Yen strength can make dollar-priced feed imports cheaper for Japanese buyers. The implications for feed costs depend on whether the currency move persists; no change in commodity supply or demand is reported.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- fxstreet.com: https://www.fxstreet.com/news/the-yen-rises-on-boj-minutes-with-ueda-and-us-nfp-on-the-friday-docket-202611052245

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