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The yen weakened beyond 160 per dollar for the first time since the late-July joint intervention by Japan and the US. The move followed Fed Chair Warsh's signal that he remains open to raising interest rates.
Expectations of further Fed tightening strengthen the dollar against the yen, which raises the yen cost of dollar-priced grain and meal imports.
asia.nikkei.comYOSHIKAZU IMAHORIAug 28, 2026Not enough comparable past events yet for a historical read.
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.
