Loading…
Japan’s household spending fell 6.8% year over year in September, its tenth consecutive decline and the steepest drop since September 2020, weighing on the yen. The yen’s losses were limited by expectations of further Bank of Japan rate hikes, while US dollar demand also provided support.
Weak spending could make the BoJ more cautious about raising rates, supporting USD/JPY; hawkish BoJ expectations partly offset that pressure. The article reports no direct feed-commodity supply or demand change.
fxstreet.comHaresh MenghaniNov 10, 2026Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
