Loading…
Japan conducted yen-buying, dollar-selling intervention in New York on Thursday, its first such action in three months. The currency's slump to four-decade lows threatened to worsen living costs driven by energy prices linked to the Iran war.
A stronger yen changes the currency backdrop for dollar-denominated commodities and energy import costs for Japan. The direct effect on feed prices is small, but a weaker yen tends to raise Japanese import costs for feed.
reuters.comLeika KiharaAug 1, 2026Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% 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.
