Loading…
The yen fell past 160 per dollar for the first time since 1990 on Monday in thin holiday trading in Japan. The move followed the central bank's signal that financial conditions would stay easy.
Yen weakness raises dollar-denominated import costs for Japanese feed buyers and reflects dollar strength that can weigh on US commodity competitiveness.
bloomberg.comCormac MullenMay 1, 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.
