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The yen kept sliding against the dollar after the Bank of Japan ended its negative rate policy on March 19. Analysts point to Chinese yuan guidance, US protectionism and a strong dollar as factors behind the weakness.
A strong dollar and weak yen raise the dollar cost of Japanese-linked purchases and keep pressure on intervention, which could move the currency sharply.
asia.nikkei.comJADA NAGUMOMar 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.
