
The Japanese yen rose on Monday to 149.96 per U.S. dollar as traders stayed cautious ahead of new reciprocal tariffs the White House planned to announce. Gold hit a record above $3,128 per ounce as investors shunned risk assets.
Tariff uncertainty and safe-haven flows weaken risk appetite and the dollar outlook, which can influence export competitiveness and commodity pricing in dollar terms, with limited direct effect on feed grain prices.
Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
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.