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The yen weakened despite the Bank of Japan's long-anticipated rate hike last Friday. Governor Kazuo Ueda's comments disappointed some investors who had expected a more hawkish tone.
Traders remain wary of possible intervention.
Currency swings tied to Japanese policy have only a minor, indirect effect on feed ingredient pricing. The main channel is through the dollar's broader trend.
Not 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.