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The Bank of Japan governor Ueda signaled a possible exit from easy monetary policy before real wages rise. The yen slid back below 150 per dollar, trading at 150.51 on Wednesday, a level traders see as raising the chance of intervention.
A possible BOJ policy shift would strengthen the yen and weaken the dollar against it, with modest effects on dollar-priced feed commodities. Currency moves of this kind have limited direct impact on feed prices.
reuters.comLeika KiharaNov 8, 2023Not 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.
