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The yen fell as much as 1.1% to 156.28 per dollar after a report said Takaichi had concerns about further rate hikes. The yen underperformed all Group-of-10 peers in the session.
Reduced odds of Bank of Japan tightening weigh on the yen and strengthen the dollar, a modest headwind for dollar-priced grain and meal demand from Japan.
bloomberg.comJohn ChengFeb 24, 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.
