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The dollar fell against the yen after a report said some Fed officials were uneasy about large rate rises, while the Fed still lined up another big hike for November. Traders suspected Bank of Japan intervention to support the yen.
Yen weakness and the dollar's rally weigh on dollar-priced commodity demand from Japan, and a softer dollar would modestly support US commodity prices.
reuters.comSaqib Iqbal AhmedOct 21, 2022Not 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.
