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A Forex.ca analysis says USD/JPY has risen about 18% in 2022 to levels not seen in more than two decades. It suggests the pair may have topped out as Fed hawkishness peaks, while the Bank of Japan maintains its dovish stance.
The Fed was expected to raise rates by 75 basis points.
A possible peak in the dollar would reduce a headwind for dollar-priced grains and oilseeds. The article is a currency forecast with limited direct bearing on feed supply.
forex.caJul 24, 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.
