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The yen has seen sharp volatility in 2024, weakening to its lowest since 1986 in June and prompting Bank of Japan intervention. It then strengthened more than 12% from July 3 to August 5 after the BOJ raised rates.
Analysts say its safe-haven status remains largely intact.
Yen volatility affects Japanese importers' costs and investor risk appetite, which can spill into commodity markets. Direct feed-grain price implications are limited.
cnbc.comLim Hui JieAug 23, 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.
