Loading…
The Japanese yen rose 0.2% against the US dollar, moving toward the upper end of its recent range. Scotiabank cited narrowing US-Japan yield spreads and a hawkish BoJ speech by board member Nakagawa, who pointed to reduced trade policy uncertainty and a better environment for a rate hike.
A firmer yen lowers the yen cost of dollar-priced feed imports for Japanese buyers, a modest easing of import costs. The effect on grain and meal prices in dollar terms is minor.
fxstreet.comFXStreet Insights TeamAug 28, 2025Not 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.
