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USD/JPY fell to about 156.00 after the dollar-yen pair turned away from a six-month high near 158.00. Traders were betting the Bank of Japan would gradually raise rates in 2025 as inflation pressures persisted, and the Fed was seen easing less than before.
The move reflects rate-differential repricing between Japan and the U.S. rather than a change in commodity fundamentals. The effect on feed markets is minimal beyond currency-driven import costs.
tradingview.comDec 31, 2024Not 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.
