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USD/JPY was steady near 147 as traders awaited Japanese wage and household spending data and US jobs reports. The pair closed at 147.04 in the week ending August 29 after reaching an August 22 high of 148.185.
Markets are weighing Fed rate cut bets against a possible BoJ hike in Q4.
Currency swings in the yen and dollar shift the cost of dollar-denominated feed imports for Japan. Outlook-type commentary with no new shock gives little direction for feed prices.
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.