Loading…
The yen rallied to its strongest level against the dollar in more than four months after the Bank of Japan surprised economists with a rate hike to 0.25%. The central bank also said it would halve its monthly bond purchases by early 2026.
A sudden yen rally and tighter Japanese policy shift global carry flows and dollar strength, which can influence how cheaply Japanese and other Asian buyers can purchase imported feed.
marketwatch.comJamie ChisholmJul 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.
