# Yen Rises on Haven Demand as CIBC, Nomura See Room for More Gain

> The yen strengthened as much as 0.6% against the dollar amid a selloff in US technology shares following the US midterm results. CIBC and Nomura strategists said further yen gains were possible if the AI-related equity decline continued, and noted potential support from Japanese investors shifting funds toward domestic assets as the Bank of Japan raises rates.

- Date: 2026-11-05 · published 2026-11-06T03:10:05.635Z
- Category: macro · region Japan, United States · magnitude low
- Page: https://feedsoft.ai/events/83251-yen-rises-on-haven-demand-as-cibc-nomura-see-room-for-more-gain
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A stronger yen can reduce the cost of imported feed ingredients for Japanese buyers, but the story is about currency positioning and does not identify a direct commodity-market change.

## Sources

- livemint.com: https://www.livemint.com/market/yen-rises-on-haven-demand-as-cibc-nomura-see-room-for-more-gain-11793918153390.html

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