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Currency analysts are divided on the yen's outlook for the rest of 2024, with forecasts ranging from 139 to 155 yen per dollar. Uncertainty over monetary policy and upcoming political leadership changes in Japan and the US is fueling exchange-rate volatility.
Wide disagreement on the yen path adds volatility to dollar-based commodity pricing and Japanese import demand, but it does not by itself set a clear direction for feed commodity prices.
asia.nikkei.comMIKI KAMIYAMA, Nikkei staff writerSep 24, 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.
