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The yen's slide against the dollar has continued, with Bank of Japan Governor Kuroda's policy stance under scrutiny. Domestic inflation remains tepid and growth slow, so the central bank has not responded to rising global inflation.
Continued yen weakness raises the cost of imported feed ingredients priced in dollars, and the BOJ's inaction keeps pressure on import costs.
reuters.comPete SweeneyJun 15, 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.
