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USD/JPY edged up to 151.52 near four-month highs despite warnings from Japan's finance minister about possible measures against yen weakness. The Dollar Index rose to 104.00 ahead of the US PCE inflation release.
A firmer dollar raises the local-currency cost of dollar-priced feed imports, and intervention risk in Japan could cause sharp yen moves that affect Japanese buyers.
liquidityfinder.comMichael MoranMar 27, 2024Not enough comparable past events yet for a historical read.
Not 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.
