# Japanese Yen falls as US CPI beats forecasts and Fed officials back further rate hikes

> US October CPI and core CPI both exceeded forecasts, lifting the dollar and Treasury yields. Dallas Fed President Lorie Logan called for at least two more quarter-point rate increases and said the Fed could move faster, while traders priced in a high probability of a December hike; the yen weakened against the dollar.

- Date: 2026-11-10 · published 2026-11-10T18:10:34.004Z
- Category: macro · region United States and Japan · magnitude medium
- Page: https://feedsoft.ai/events/92061-japanese-yen-falls-as-us-cpi-beats-forecasts-and-fed-officials-back-further
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

The prospect of higher US rates supports the dollar and keeps pressure on the yen amid the wide US-Japan yield gap. Currency shifts can affect the relative cost of imported feed and commodities.

## Read by commodity

- DXY: bullish ▲
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-09-24 | [Japanese Yen struggles as Fed rate hike bets drive US yields higher](https://feedsoft.ai/events/17708-japanese-yen-struggles-as-fed-rate-hike-bets-drive-us-yields-higher.md) | +0.7% | +1.0% |
| DXY | 2022-08-02 | [Dollar jumps vs yen as Fed officials hint more rate hikes coming \| Reuters](https://feedsoft.ai/events/40270-dollar-jumps-vs-yen-as-fed-officials-hint-more-rate-hikes-coming-reuters.md) | +0.4% | +1.7% |
| DXY | 2018-12-19 | [Gold falls as Fed raises rates, indicates further hikes for 2019](https://feedsoft.ai/events/61491-gold-falls-as-fed-raises-rates-indicates-further-hikes-for-2019.md) | -0.3% | -1.6% |
| DXY | 2021-06-16 | [Wall Street closes lower as Fed officials project rate hikes for 2023](https://feedsoft.ai/events/5933-wall-street-closes-lower-as-fed-officials-project-rate-hikes-for-2023.md) | +1.4% | +1.4% |
| DXY | 2023-06-14 | [US dollar falls, but off four-week lows, as Fed signals more rate hikes \| Reuters](https://feedsoft.ai/events/35412-us-dollar-falls-but-off-four-week-lows-as-fed-signals-more-rate-hikes-reuters.md) | -0.4% | -1.7% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/japanese-yen-falls-as-us-cpi-beats-forecasts-and-fed-officials-back-further-rate-hikes-202611101713

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