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The yen slipped to around 142.4 per dollar, its second straight daily loss, after weak Japanese industrial production and retail sales. Markets awaited a Bank of Japan decision expected to hold rates at 0.5%, while US Treasury Secretary Bessent reported substantial trade talks with Japan.
Weak Japanese data and expected BoJ caution weaken the yen, raising dollar-priced import costs for Japanese feed buyers. Trade talk progress could ease tensions but has limited direct grain impact.
tradingview.comApr 30, 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.
