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Japan's Ministry of Finance widened its foreign exchange monitoring to include the risk of a sharp yen spike. The shift reflects market fears that aggressive Fed tightening could trigger a US recession and force the central bank to slow rate increases.
The article concerns currency policy rather than commodities.
A sudden yen move would affect dollar-based commodity pricing and Japanese import costs for feed ingredients. The impact on feed prices is limited unless intervention materially shifts the dollar.
reuters.comTetsushi KajimotoJul 1, 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.
