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The yen is under pressure again as August ends and has weakened against major peers in the final days of every month since February. Brief respites have not reversed the trend.
A persistently weak yen raises Japan's import costs for feed ingredients priced in dollars, which keeps Japanese buyers cautious on purchases.
bloomberg.comRobert FullemSep 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.
