Loading…
USD/JPY recovered toward 158.00 after the Federal Reserve held rates steady with two dissenters favouring a hike. Fed Chair Kevin Warsh reaffirmed the 2% inflation target and said the economy remains strong.
Safe-haven outflows from Japanese government bonds and AI-sector optimism also weighed on the yen.
A stronger dollar and firmer US rate outlook raise the local-currency cost of dollar-priced commodities for importers, though the link to feed prices is second-order.
fxstreet.comAkhtar FaruquiOct 29, 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.
