Loading…
The yen slid nearly 0.7% against the dollar, moving past 150 per dollar to an intraday low of 150.12 before paring losses to 149.95. The Bank of Japan had just added more flexibility to its bond yield control policy.
Currency swings of this size shift the effective cost of dollar-priced imports for Japan and can alter demand for U.S. feed ingredients at the margin.
reuters.comReutersNov 1, 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.
